Progress can be summarized by the 2001 Daft Punk song: Harder, Better, Faster, Stronger. Many of us expect progress, else we get disappointed. However, older people may complain that everything used to be better, while young people rejoice the latest version of their gaming console. The pace of Change is quite relevant. We expect progress in the following areas: (i)...
In yesterday's blog, stagflation vs inflation, I finally put in writing that what has been bugging me for a long time: "It’s a miracle (to me) that we have come so far despite the abundance of human stupidity." One could argue that the interglacial period following the Last Glacial Maximum allowed us to rewrite human history, given the worldwide destruction due to...
Wednesday night, my potential significant other and I had another great conversation during which she stated: "Is there a problem??" I realised at once her words had a bearing on Thursday's blog: What exactly is the problem? I laughed out loud following her wise words. I should have realised this. My (dating) problem, if any, is time and space related: I can find...
While looking for articles on doubt in animals, I stumbled upon this "famous saying of 'we believe our doubts and we doubt our beliefs' in the corporate world" (source). It was new to me. Some argue the opposite: "Doubt Your Doubts and Believe Your Beliefs" (source-1, source-2). I doubt (sic!) that both are valid. I believe in this quote by Richard P. Feynman...
There are some important words that are hard to define: friendship, life, love. Progress is also hard to define, especially once you strip its (common) ideological context. Each person has a different view - and definition - of these concepts. Once, I thought defining life was pretty easy, until I found out that viruses are viewed as "dead". Also see this...
Each time that I think that the (financial) world can't get madder, then reality proves me wrong (eg, $40 billion SPAC merger with a Asian ride-hailing app, and $100 billion IPO of a cryptocurrency exchange). While professional investors are already retreating, retail investors are putting in even more money. Hence, bad money always drives out good money....
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