"Stock-outs lead to panic orders … And that, of course, makes everything worse, in a kind of vicious cycle, self-reinforcing process.”
Alessandro Bonatti discusses the use of game theory in professional football in this podcast about Tom Brady and his come-from-behind victories.
" ... by finding shared experiences I am able to explain complex financial concepts, as well as calm fears about [my clients] 'financial life.'"
We tend to overestimate how quickly technology can change our lives in the short term and underestimate how much in the long term.
"Professional growth can get stymied for all sorts of reasons. But one of the most important is rarely discussed: ... ghosts from your past."
"It's an exciting moment, because we may be ready to look at how work can be more sane and sustainable across all kinds of occupations."
"After a two-year pandemic ... there is an understandable desire to blame someone for the appalling death toll from COVID-19."
"The idea of everyone coming in five days a week and working from 8 till 10 p.m., I think that we're not going to have that anymore.”
"Only a combination of government regulation and pressure for companies to self-regulate has a chance to curb the extremes in social media."
Andrew W. Lo and co-author have written an intellectual history of modern finance theory which shows how far from a science investing remains.
