It is difficult to get a man to understand something,
when his salary depends on his not understanding it.
—Upton Sinclair
Markets can remain irrational longer than you can remain solvent.
—John Maynard Keynes
Bunny and I just saw “The Big Short,”
based on the book The Big Short: Inside the Doomsday Machine.
I can't say anything about the book,
not having read it,
but the movie was good.
It was also amusing in that it broke the fourth wall multiple times.
Such as when they cut to someone famous,
like celebrity chef Anthony Bourdain or
economist Richard Thaler and actress/singer
Selena Gomez,
and have them explain some complicated financial term through cooking or playing black jack.
Other cases of breaking the fourth wall occur when characters have just finished a scene and then explain that it really didn't happen that way.
It was amusing.
And it just worked for this movie.
It's well worth seeing.
And it was also sobering to see just how crazy the housing bubble was.
You have my permission to link freely to any entry here. Go
ahead, I won't bite. I promise.
The dates are the permanent links to that day's entries (or
entry, if there is only one entry). The titles are the permanent
links to that entry only. The format for the links are
simple: Start with the base link for this site: https://boston.conman.org/, then add the date you are
interested in, say 2000/08/01,
so that would make the final URL:
https://boston.conman.org/2000/08/01
You can also specify the entire month by leaving off the day
portion. You can even select an arbitrary portion of time.
You may also note subtle shading of the links and that's
intentional: the “closer” the link is (relative to the
page) the “brighter” it appears. It's an experiment in
using color shading to denote the distance a link is from here. If
you don't notice it, don't worry; it's not all that
important.
It is assumed that every brand name, slogan, corporate name,
symbol, design element, et cetera mentioned in these pages is a
protected and/or trademarked entity, the sole property of its
owner(s), and acknowledgement of this status is implied.
