Part 2 of my conversation on the Think Fast Talk Smart podcast. Full episode: https://fastersmarter.io/231-secret-signals-why-we-rarely-say-exactly-what-we-mean/ "The thing of swearing does is it elicits an involuntary emotional reaction. Your primitive part of your brain, maybe your amygdala, just gets pinged, usually with some, not just an offensive thought, excretion, feces, urine, cuckoldry, copulation, the disease, death, misfortune. Those are the subject matter of swearing across languages
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On the "greater fool" strategy and common knowledge. More on this in my new book: When Everyone Knows That Everyone Knows . . . Common Knowledge and the Mysteries of Money, Power, and Everyday Life: https://bit.ly/3FgucEQ "In ordinary investing, you buy a share of a company because the company sells something at a profit, and you hope to take a share of that profit. In speculative investing, you buy it not because of the profit of the company, but because you hope that you can unload the shares
On the "greater fool" strategy and common knowledge. More on this …
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Harvard Business Review - Why do people pour money into hype—like crypto or meme stocks? Speculative bubbles, crypto perhaps being one of the most recent examples, are cases where people think that other people will, in the future, will want to buy in. Some of that's called the greater fool theory of investing, that you invest because you think other people will invest because they think that still other people will invest. The thing is that, of course, bubbles could pop when the market starts t
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