They [some Countries] Borrowed Money To Go

Warren Buffett Is Fond Of Saying That Any Player Unaware Of The Fool In The Market Probably Is The Fool In The Market.

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.

I'd Say Part Of The Appeal Of Trump Is That He's Presenting Himself As A Totally Certain, Infallible Person.

That's What Happens When You're Thirty-seven Years Old: You Do The Things You Always Did But The Result Is Somehow Different.

People In Both Fields Operate With Beliefs And Biases. To The Extent You Can Eliminate Both And Replace Them With Data, You Gain A Clear Advantage.