Tags: DavidSobel

GOING OUT AT THE TOP OF YOUR GAME.

Last year, the world’s authority on decision-making ended his life in a clinic in Zurich.

How Daniel Kahneman decided to do that is instructive. True, the Nobel Prize winner and author of Thinking Fast and Slow was 90, but he wasn’t actively dying. He didn’t have cancer, or heart disease or Alzheimer’s. But as he wrote in an email to his close friends: “I have believed since I was a teenager that the miseries and indignities of the last years of life are superfluous, and I am acting on that belief. Most people hate changing their minds, but I like to change my mind. It means I’ve learned something.”

Read on…

HIS KARMA RAN OVER HIS DOGMA.

The biggest business collapse in history happened in 2008 when Wall Street banker Lehman Bros., which had $691 billion in assets, filed for bankruptcy. Lehman’s fall sparked the 2008 global financial crisis and proved that no bank, and no company, is too big to fail.

In this vein, what happens if Tesla goes broke?

It’s lost $777 billion of value since December and a tide of analysts is claiming it’s been wildly overvalued from Day One.

Read on…

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