Tap a claim on the ring to put it at the centre.
← The big change of recent decades was not more greed but markets spreading where they don't belong
17 connected korrents · 17 moments from 21 Feb 2017 to 1 Oct 2026.
Everything filed under market efficiency
market efficiency
Everything filed under investing
investing
Everything filed under price gouging
price gouging
Everything filed under design
design
Everything filed under stock market
stock market
Everything filed under value investing
value investing Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: The big change of recent decades was not more greed but markets spreading where they don't belong The big change of recent decades was not more greed but markets spreading where they don't belong
MS
Michael Sandel — holds since c. 2012 — tap for who they are
Same subject: The stock market has become less informationally efficient over the past thirty-plus years, particularly in the relative pricing of common stocks over medium horizons. — tap to centre the map on it The stock market has become less informationally efficient over the past thirty-plus years, particularly in the relative pricing of common stocks over medium horizons. Last stated 2 years ago
3 Sept 2024
CA
Cliff Asness — holds since 2024-09-03 — tap for who they are
Same subject: Architecture and everyday life have grown progressively cheaper and blander over time. — tap to centre the map on it Architecture and everyday life have grown progressively cheaper and blander over time. Last stated 5 months ago
28 May 2026
KW
Kate Wagner — holds since 2026-05-28 — tap for who they are
Same subject: The speed at which societal abnormalities occur is increasing. — tap to centre the map on it The speed at which societal abnormalities occur is increasing. Last stated 4 months ago
20 Jun 2026
JB
Josh Brown — holds since 2026-06-20 — tap for who they are
Same subject: Most Westerners don't notice how rich and modern parts of the non-West like Asia now are, partly because travel has become less affordable. — tap to centre the map on it Most Westerners don't notice how rich and modern parts of the non-West like Asia now are, partly because travel has become less affordable. Last stated a month ago
1 Oct 2026
PL
Pieter Levels — holds since 2026-10-01 — tap for who they are
Same subject: Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. — tap to centre the map on it Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. Last stated a year ago
18 Aug 2025
BT
Bret Taylor — holds since 2025-08-18 — tap for who they are
Same subject: 2016 was when a large part of the West stopped believing the story that globalization and liberalization would create paradise — tap to centre the map on it 2016 was when a large part of the West stopped believing the story that globalization and liberalization would create paradise Last stated 10 years ago
21 Feb 2017
YH
Yuval Noah Harari — holds since 2017-02-21 — tap for who they are
Same subject: The value-versus-growth distinction does not serve investors well in a fast-changing world. — tap to centre the map on it The value-versus-growth distinction does not serve investors well in a fast-changing world. Last stated 6 years ago
11 Jan 2021
HM
Howard Marks — holds since 2021-01-11 — tap for who they are
Same subject: Companies will probably move to flatter structures and much wider spans of control, because communicating costs far less than it did 20 or 30 years ago. — tap to centre the map on it Companies will probably move to flatter structures and much wider spans of control, because communicating costs far less than it did 20 or 30 years ago. Last stated 7 months ago
12 Apr 2026
ES
Evan Spiegel — holds since 2026-04-12 — tap for who they are
Same subject: A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. — tap to centre the map on it A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. Last stated 2 years ago
3 Mar 2025
TS
Tobias Sjösten — holds since 2025-03-03 — tap for who they are
Same subject: A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. — tap to centre the map on it A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. Last stated a month ago
22 Sept 2026
BR
Barry Ritholtz — holds since 2026-09-22 — tap for who they are
Same subject: A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. — tap to centre the map on it A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. Last stated a year ago
2 Sept 2025
BE
Benedict Evans — holds since 2025-09-02 — tap for who they are
Same subject: A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. — tap to centre the map on it A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. Last stated 11 months ago
9 Dec 2025
HM
Howard Marks — holds since 2025-12-09 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A founder who does not know their own goal dies by a thousand compromises and ends up running a company they do not want to work at. — tap to centre the map on it A founder who does not know their own goal dies by a thousand compromises and ends up running a company they do not want to work at. Last stated 5 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation. — tap to centre the map on it Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation. Last stated 9 months ago
12 Feb 2026
AT
Alex Tabarrok — holds since 2026-02-12 — tap for who they are
Same subject: Draconian price controls are among the most ruinous economic policies a government can impose. — tap to centre the map on it Draconian price controls are among the most ruinous economic policies a government can impose. Last stated a month ago
18 Sept 2026
SS
Scott Sumner — holds since 2026-09-18 — tap for who they are
Same subject: Dynamic pricing means prices decrease as well as increase. — tap to centre the map on it Dynamic pricing means prices decrease as well as increase. Last stated 2 months ago
13 Sept 2026
PG
Paul Graham — holds since 2026-09-13 — tap for who they are