People In The Voting Booth

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.

If You're The Kind Of Kid Who Thinks That All That's Important In Life Is Making Money, Wall Street Is Probably Still The Place To Go, Especially Now That Trump's Elected.

The Incentive For The Outsider Is To Attack The System Right Up To The Moment He Is Co-opted By It. The Incentive For The Insider -and This Took Some Getting Used To- Is To Allow Yourself To Be Attacked, And Then Co-opt Your Most Ferocious Attackers, And Their Best Ideas. The Effect On The System As A Whole Is To Make It More Stable, Because Everyone Winds Up Working On Its Behalf.

Baseball Has So Much History And Tradition. You Can Respect It, Or You Can Exploit It For Profit, But It's Still Being Made All Over The Place, All The Time.

People Really Don't Like To Hear Success Explained Away As Luck — Especially Successful People. As They Age, And Succeed, People Feel Their Success Was Somehow Inevitable. They Don't Want To Acknowledge The Role Played By Accident In Their Lives. There Is A Reason For This: The World Does Not Want To Acknowledge It Either. If You Use Better Data, You Can Find Better Values; There Are Always Market Inefficiencies To Exploit, And So On. But It Has A Broader And Less Practical Message: Don't Be Deceived By Life's Outcomes. Life's Outcomes, While Not Entirely Random, Have A Huge Amount Of Luck Baked Into Them. Above All, Recognize That If You Have Had Success, You Have Also Had Luck — And With Luck Comes Obligation.