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Collections of Value Investing articles, interviews and videos, especially on Warren Buffett and Charlie Munger and articles from various disciplines to build "Latticework of Mental Models"
Monday, March 15, 2010
Dr. Michael Burry: Inside The Collapse, Part 1 & 2
Thanks for posting the interview with Michael Lewis. From one angle, you wonder how these highly educated and experienced people almost brought down the entire financial system. Lewis said it right, "If you pay someone not to see the truth, they will not see the truth." What is really annoying is that the same people who caused all the trouble are getting paid hundreds of millions of dollars to fix it now because they are the "experts" on the securities that got us into this mess.
1 comment:
Thanks for posting the interview with Michael Lewis. From one angle, you wonder how these highly educated and experienced people almost brought down the entire financial system. Lewis said it right, "If you pay someone not to see the truth, they will not see the truth." What is really annoying is that the same people who caused all the trouble are getting paid hundreds of millions of dollars to fix it now because they are the "experts" on the securities that got us into this mess.
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