Victims of Hubris
- Thread starter aeliodon
- Start date
The gov of NY. Blew up by not paying with cash so left a money trail.
LTCM whose black box failed to note that Russia could do want ever its wants to its own currency.
LTCM whose black box failed to note that Russia could do want ever its wants to its own currency.
from wiki:
Isaac Newton, the famous physicist, lost some of his money due to speculation in The South Sea Company stock in the 1720s. Isaac Newton lost over 20,000 pounds (£1.68 million in today's money) of his fortune. As a result of this crisis, he stated "I can calculate the motions of heavenly bodies, but not the madness of people".
Isaac Newton, the famous physicist, lost some of his money due to speculation in The South Sea Company stock in the 1720s. Isaac Newton lost over 20,000 pounds (£1.68 million in today's money) of his fortune. As a result of this crisis, he stated "I can calculate the motions of heavenly bodies, but not the madness of people".
I think you should read James B. Stewart's Den of Thieves. This book may change your opinion.
That's so wild... I was just reminded of an Einstein quote this morning: "The difference between genius and stupidity is that genius has its limits."
tom mcg
Indy
(who wonders if the increasingly constrained limits on his account means he's a genius, too...)
Tyco.