He's A Machine For Competitive

Time And Space Are Absolute. Diseases Are Evil Spirits That Inhabit The Body. Parallel Lines Never Meet. The Earth Is The Center Of The Universe. Children Are Miniature Adults. At One Time In History Each Of These Beliefs Was Generally Held To Be True. Each, However, Gave Way To Different Ideas And Even Different World Views.

The Big Wall Street Firms, Seemingly So Shrewd And Self-interested, Had Somehow Become The Dumb Money. The People Who Ran Them Did Not Understand Their Own Businesses, And Their Regulators Obviously Knew Even Less.

Thirdly-but Not Lastly-there Was The Bias Toward What People Saw With Their Own Eyes, Or Thought They Had Seen. The Human Mind Played Tricks On Itself When It Relied Exclusively On What It Saw. There Was A Lot You Couldn't See When You Watched A Game

In Their Leaders, Advisers, And Experts, People Much Prefer Overconfidence, Total Certainty, To Any Kind Of Doubt.

He's A Machine For Competitive Balance, ... Yes, The Money Is In New York. Yes, The Money Is In His Hands. But He Squanders Money. Thank God For It.