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Magic
The economy. She is a true mystery. Unless you can do insider trading on fake value then have a billion dollars on paper.
Tired: the market can stay irrational longer than you can stay short
Wired: the market can stay irrational longer than you can stay alive
I wonder if they’ll describe the last 10 years as the crazy times.
Think about how we describe the roaring 20s, and then look around
The term “irrational exuberance” comes to mind.
When rich people figured out the economy is really just a social construct
Economics in a nutshell
Stupidity has a tendency of outlasting the solvency of those betting against it.
Governments be like




