‘There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.’ – Ludwig von Mises
NFL Draft Over-Confidence: A Lesson For Investors
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Most NFL general managers (GMs) are optimistic and displaying
overconfidence today as they prepare for tomorrow’s NFL draft. The draft is
a once-a-year o...
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