41–50 of 111 posts
Not said often, but thanks for taking the time to submit.
> I've learned that there's a strong correlation between knowledge and humility.
Although I think, arrogance is sometimes required to make people understand that it's the Right Thing.
Mostly insightful, but this bit: Those who criticize the behavior of "greedy Wall Street bankers" underestimate their tendency to do the same thing if offered an eight-figure salary. You have to be greedy to go into Wall Street banking in the first place. Most of us deliberately didn't become bankers because we aren't motivated by greed. This makes bankers fair game for criticism.
That sounds false. It also sounds like, after assuming that, literally any thing you can think about investment bankers will automatically be against them, so I would really really make sure that what you say is true before just assuming it.
Also:
"Most of us deliberately didn't become bankers because we aren't motivated by greed."
Really? That's why most people didn't do it? I think most people would become investment bankers with eight-figure salaries, but can't.
"This makes bankers fair game for criticism."
I think everyone is fair game for criticism if they've done something wrong. It's dangerous if you have to first assume someone is a bad person to criticize them.
Mostly insightful, but this bit: Those who criticize the behavior of "greedy Wall Street bankers" underestimate their tendency to do the same thing if offered an eight-figure salary. You have to be greedy to go into Wall Street banking in the first place. Most of us deliberately didn't become bankers because we aren't motivated by greed. This makes bankers fair game for criticism.
Mostly insightful, but this bit: Those who criticize the behavior of "greedy Wall Street bankers" underestimate their tendency to do the same thing if offered an eight-figure salary. You have to be greedy to go into Wall Street banking in the first place. Most of us deliberately didn't become bankers because we aren't motivated by greed. This makes bankers fair game for criticism.
History would indicate otherwise. Maybe most of us aren't dominated by our greed to the exclusion of all else / to sociopathic levels. But, most of us certainly are greedy. I suspect it's in our genes. Greed/hoarding (to a degree) being evolutionary strengths.
These words should be inscribed at the top of HN's "submit" page.
That is probably the one from which many other's stem. If you only make the same mistake a couple of times before changing your mind, you are far, far better off than everyone else because I've seen people repeat the exact same mistake dozens of times.
Tbh, I have too...which is probably why I generally assume I've made a mistake until someone tells me otherwise alot of the time. Well, except for a few things I feel strongly about that aren't simple binaries where everyone might have radically different end goals.
If you enjoy reading and absorbing this kind of knowledge, I suggest reading Meditations by Marcus Aurelius. It's a book of personal thoughts/writings/observations that Aurelius wrote while he was emperor of Rome. It's absolutely stunning how much knowledge from back then is still applicable in the modern world. http://en.wikipedia.org/wiki/Meditations
Aurelius's Philosophy is timeless.
"The Wisdom of Life, by Arthur Schopenhauer" is another good wisdom book.
http://www.poorcharliesalmanack.com/seeking_wisdom.php
http://www.amazon.com/Seeking-Wisdom-Darwin-Munger-3rd/dp/15...
> I've learned that there's a strong correlation between knowledge and humility. People who spend 10 minutes on Google studying monetary policy think they have it all figured out, while people with Ph.D.s and decades of experience throw up their hands in frustration. The more you study economics, the more you realize how little we know about it. This is the problem with Congress making decisions about science, the in…