Glad to read something about finance from you. Agree 100% that predictions are just something like guessing, as there are so many variables a long the way. A very good example with Mr. Thaler. Here we can say that behavior has a lot to do with economics, more maybe than we think. And you are again right, we might better predict failures than success, based on the past experience.
P.S.: Love the pictures as clickbait :)
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I read Silver and Thaler back to back in the summer of 2017 when I had way more time than I had things to do. I actually took notes through Silver's book, I was so impressed. Then Thaler told me WHY so many predictions didn't work.
The pictures were all taken at a Meecham Auto Auction in Phoenix. It was one of the best car and motorcycle shows of the year besides all the excitement!
Thanks Alex! Always good to see you.
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Need to read both, as I did not read any of them.
Some real cool history in those images.
It is my pleasure!
Have a !BEER from my side! :)
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Those three bikes are significant in the motorcycle time line.
A 1910 Harley Davidson
The first Indian V twin
A Henderson Excelsior 4 cylinder.
It was really cool to see them all in one place. There are probably more that will end up as 'line breaks' in future posts :)
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