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BlueTie

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BlueTie
·l’année dernière·discuss
The sad fact is that the people best suited to thrive in a context where relationships are transactional and mostly dependent on continued usefulness to both parties - are sociopaths/machiavellian types.

And these are precisely the people who are most okay with shouting from the rooftop that their company is the best in the world - then doing so from a different company 2-3 years later.

It's good for mental health to understand that. These people do not have better jobs or work for better companies on average - they just say they do because it's better for their career and have no shame or accountability in doing so publicly.
BlueTie
·il y a 2 ans·discuss
The financial environment now is very different than even 2-3 years ago. Mortgages went from 3%->7%. Bonds/Treasuries actually pay a decent return. The most speculative investments are no longer running hot because they have to compete with returns elsewhere.

So 1. people around here tend to be in the speculative investment bubble and it is worse there than most other places right now and 2. any time there is change like this (esp. when it happens fast) - there are winners and losers and 3. Since 2007/2008 everyone has been trying to be the next Burry or Taleb and call the bubble.