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www.barelkarsan.com | ||
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25iq.com
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| | | | | This is a continuation of my previous blog posts on "the Psychology of Human Misjudgment," which is Charlie Munger's description of dysfunctional decision making heuristics. Munger writes: "...tendencies are probably much more good than bad. Otherwise, they wouldn't be there, working pretty well for man, given his condition and his limited brain capacity. So... | |
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hurricanecapital.wordpress.com
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| | | | | "We have no control over outcomes, but we can control the process. Of course, outcomes matter, but by focusing our attention on process, we maximize our chances of good outcomes." -Michael J. Mauboussin "The practical difference between . . . risk and uncertainty . . . isthat in the former the distribution of the outcome... | |
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www.valueinvestingworld.com
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| | | | | Mentioned by Peter Bevelin in my 2009 interview with him (and it reminds me of THIS Warren Buffett quote from this year's Berkshire Meetin... | |
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www.stlouisfed.org
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| | | Although the national debt has grown exponentially over the past 12 years, causing concern for many, it does have its uses-especially in the U.S. Treasury market. | ||
