Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
Nick Rowe memorably described [finance as magic](http://worthwhile.typepad.com/worthwhile_canadian_initi/2010/01/finance-as-magic.html). The analogy I would choose is finance as placebo. Financial systems are sugar pills by which we collectively embolden ourselves to bear economic risk. As with any good placebo, we must never understand that it is just a bit of sugar. We must believe the concoction we are taking to be the product of brilliant science, the details of which we could never understand. The financial placebo peddlers make it so.
Why Is Finance So Complex?
Nick Rowe
From the perspective of non-mega-platform companies, I think this is a natural continuation of the timeline evolution from “data as value” to “data as risk”, and these sorts of companies will increasingly want to approach all stored data with their eyes towards secure, restricted, and audited access.
A Brief Rant on Converging Compliance Regimes.
lethain.com
David Mamet said this, is that, "The ending has to be both a surprise and inevitable."
And that's the trick. And that's what you have to suffer for. And that's why most people quit. Is because that wall of "where is that?!"
That's why you also do it in the beginning with the writing.
Inside the DETAILED Mind of @Vanneistat
Digital Spaghetti
...catch up on these, and many more highlights
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