Are you watching Arsenal? 👀

#mancity #mcfc #arsenal

The investors who blow up aren't dumb.

They're certain.

Munger spent 60 years building rationality like a muscle, slowly, unevenly, imperfectly. Because in markets, a fury of confidence is worth less than a quiet, honest doubt.

Certainty is expensive. Rationality compounds.

🧵We Know Exactly What You’re Doing Guy

Look. At best Trump operates on the “bifurcated plane” theory of social media. The online world can be a sort of a persona you can adopt distinct from your real personality where you can be normal. Like a Halloween costume. In Trump’s case he also lets a hodgepodge of absolute weirdos and psychopaths run his account too.

If people think Swawell shouldn't face consequences because the guy in office isn't facing consequences, we have lost our way. The idea is to return to some kind of decency, not to spiral down further into the garbage dump we are currently experiencing.