A note from Daniel

My forecasting model is “good enough”: I'm confident people will solve problems and become more productive over time. I'm confident markets will allocate the rewards of that productivity to investors over time. I'm confident in other people's overconfidence, so I know there will be mistakes and accidents and booms and busts along the way. It's not detailed, but it's good enough.

Daniel Same As Ever, page 135 · January 12, 2024 Save to shelf
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