My Main Concern Is With The World

To Others, Being Wrong Is A Source Of Shame; To Me, Recognizing My Mistakes Is A Source Of Pride.

Every Bubble Has Two Components: Something - Some Real Trend, And A Misconception About That Trend.

My Conceptual Framework, Which Basically Emphasizes The Importance Of Misconceptions, Makes Me Extremely Critical Of My Own Decisions. I Know That I Am Bound To Be Wrong, And Therefore Am More Likely To Correct My Own Mistakes.

Unfortunately, The More Complex The System, The Greater The Room For Error.

The Concept Of A General Equilibrium Has No Relevance To The Real World (in Other Words, Classical Economics Is An Exercise In Futility).