Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands. By having confidence in their own analysis and judgment, they respond to market forces not …
The Mathematical Treatment of Economic Problems (Ludwig von Mises)
The slogan of the Econometric Society is the positivist statement: "Science is measurement." The society wishes to set up an exact mathematical science of economics to replace the supposedly inexact, …
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Nobel Prize Banquet Speech (Friedrich Hayek)
I must confess that if I had been consulted whether to establish a Nobel Prize in economics, I should have decidedly advised against it. …
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Investment Strategy: All About the Benjamins (Mark Spitznagel)
Two disparate views of markets represent well the range of opinion among U.S. stock market participants today. One is a devout faith in market efficiency and the supremacy of market pricing as a …
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Invasion of the Body Hackers (FT)
Michael Galpert rolls over in bed in his New York apartment, the alarm clock still chiming. The 28-year-old internet entrepreneur slips off the headband that’s been recording his brainwaves all night …
They Still Ignore Hayek (Nassim Taleb)
Popper and Poincaré's findings limit our ability to see into the future, making it a very complicated reflection of the past — if it is a reflection of the past at all. A potent application in the …
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Entrepreneurs, Capitalists, and Speculators (Ludwig von Mises)
When men in dealing with the problems of their own actions, and when economic history, descriptive economics, and economic statistics in reporting other people’s actions, employ the terms …
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