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← The finance industry is built on false mathematical precision and prone to systemic collapse.

17 connected korrents · 15 moments from 18 Dec 1790 to 18 Oct 2026.

Everything filed under capitalism capitalism Everything filed under government government Everything filed under market efficiency market efficiency Everything filed under management management Everything filed under politics politics Everything filed under social media social media Everything filed under America America Everything filed under mathematics mathematics Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: The finance industry is built on false mathematical precision and prone to systemic collapse. The finance industry is built on falsemathematical precision and prone tosystemic collapse. Last stated 4 months ago 5 Jul 2026 SW swyx — holds since 2026-07-05 — tap for who they are Same subject: Samuelson's random-walk analogy for stock prices was mathematical showing-off dressed up as a claim about the real world. — tap to centre the map on it Samuelson's random-walk analogy forstock prices was mathematicalshowing-off dressed up as a claimabout the real world. Last stated 3 years ago 30 May 2023 AG Andrew Gelman — holds since 2023-05-27 — tap for who they are AG Andrew Gelman — no longer holds since 2023-05-30 — tap for who they are Same subject: Numbers offer a false precision: which metrics you choose to look at, and whether a five percent rise is good, are both art rather than science. — tap to centre the map on it Numbers offer a false precision:which metrics you choose to look at,and whether a five percent rise isgood, are both art rather thanscience. Last stated a year ago 21 Sept 2025 JZ Julie Zhuo — holds since 2025-09-21 — tap for who they are Same subject: Quantitative rules are not a reliable tool for ensuring government debt sustainability. — tap to centre the map on it Quantitative rules are not areliable tool for ensuringgovernment debt sustainability. Last stated 4 years ago 1 Jun 2022 OB Olivier Blanchard — holds since 2022-06-01 — tap for who they are Same subject: The AI industry's near-term trajectory is driven more by finance and politics than by the underlying technology. — tap to centre the map on it The AI industry's near-termtrajectory is driven more by financeand politics than by the underlyingtechnology. Last stated 2 months ago 18 Sept 2026 RS Robin Sloan — holds since 2026-09-18 — tap for who they are Same subject: Susceptibility to FOMO, especially in markets inflamed by social media, leaves little hope of building wealth over time. — tap to centre the map on it Susceptibility to FOMO, especiallyin markets inflamed by social media,leaves little hope of buildingwealth over time. Last stated 2 years ago 28 May 2024 MH Morgan Housel — holds since 2024-05-28 — tap for who they are Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it A government debt crisis ismeasurable and therefore visiblewell in advance; the diagnostic ismechanical rather than a matter ofjudgement. Last stated 2 months ago 21 Aug 2026 RD Ray Dalio — holds since 2026-08-21 — tap for who they are Same subject: America holds half the world's market capitalisation because the world trusts it, and losing that trust would be a bad day for the United States. — tap to centre the map on it America holds half the world'smarket capitalisation because theworld trusts it, and losing thattrust would be a bad day for theUnited States. Last stated 12 months ago 12 Nov 2025 SN Satya Nadella — holds since 2025-11-12 — tap for who they are Same subject: Mathematics is entering a period of turbulence that will stress-test its implicit values and practices rather than its foundations of truth. — tap to centre the map on it Mathematics is entering a period ofturbulence that will stress-test itsimplicit values and practices ratherthan its foundations of truth. Last stated 3 months ago 17 Aug 2026 TT Terence Tao — holds since 2026-08-17 — tap for who they are Same subject: A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. — tap to centre the map on it A "good business" now means one thatcan display quarter-on-quarter stockgrowth, not one that makes goodproducts at a fair price. Last stated a year ago 21 May 2025 EZ Ed Zitron — holds since 2025-05-21 — tap for who they are Same subject: A competitive market involves no personal rivalry and no personal haggling — tap to centre the map on it A competitive market involves nopersonal rivalry and no personalhaggling MF Milton Friedman — holds since c. 1962 — tap for who they are Same subject: A falling labor share accelerates the downward spiral of the country into oligarchy. — tap to centre the map on it A falling labor share acceleratesthe downward spiral of the countryinto oligarchy. Last stated 3 weeks ago 18 Oct 2026 PK Paul Krugman — holds since 2026-10-18 — tap for who they are Same subject: Enforcing non-compete agreements on low-wage jobs is anti-competitive and artificially suppresses wages. — tap to centre the map on it Enforcing non-compete agreements onlow-wage jobs is anti-competitiveand artificially suppresses wages. Last stated a month ago 24 Sept 2026 BR Barry Ritholtz — holds since 2026-09-24 — tap for who they are Same subject: In commodity industries, extraordinary profits from shortages are eventually competed away as supply responds to the profit incentive, and losses are similarly self-correcting through reduced supply. — tap to centre the map on it In commodity industries,extraordinary profits from shortagesare eventually competed away assupply responds to the profitincentive, and losses are similarlyself-correcting through reducedsupply. Last stated a year ago 5 Sept 2025 SB Sanjay Bakshi — holds since 2025-09-05 — tap for who they are Same subject: Money is the most universal and most efficient system of mutual trust ever devised — tap to centre the map on it Money is the most universal and mostefficient system of mutual trustever devised YH Yuval Noah Harari — holds since c. 2011–2015 — tap for who they are Same subject: Only because control of production is divided among many independent people does nobody have complete power over us — tap to centre the map on it Only because control of productionis divided among many independentpeople does nobody have completepower over us FH Friedrich Hayek — holds since c. 1944 — tap for who they are Same subject: Private property is the most important guarantee of freedom, for owners and scarcely less for non-owners — tap to centre the map on it Private property is the mostimportant guarantee of freedom, forowners and scarcely less fornon-owners FH Friedrich Hayek — holds since c. 1944 — tap for who they are Same subject: The only rightful security of property is the right to enjoy and bequeath what one's own talents and industry acquired — tap to centre the map on it The only rightful security ofproperty is the right to enjoy andbequeath what one's own talents andindustry acquired Last stated 236 years ago 18 Dec 1790 MW Mary Wollstonecraft — holds since 1790-12-18 — tap for who they are
same subject or similar wordinga cloud: claims about one subject, named for itbar: when it was last stated, on a scale from 1790 to today (stretched back to the oldest claim here) — full is todaya face: someone who holds the claim — tap it for who they arefaded, dashed ring: they no longer hold it — they changed their mind

At the centre The finance industry is built on false mathematical precision and prone to systemic collapse. Last stated 5 Jul 2026 · 4 months ago Holds swyx Read this korrent →