Veteran trader Marty O’Connell calls this the firehouse effect. He had observed that firemen with much downtime who talk to each other for too long c… - Nassim Nicholas Taleb

Veteran trader Marty O’Connell calls this the firehouse effect. He had observed that firemen with much downtime who talk to each other for too long come to agree on many things that an outside, impartial observer would find ludicrous (they

Veteran trader Marty O'Connell calls this the firehouse effect. ...[F]iremen ...who talk to each other for too long come to agree on many things that an outside, impartial observer would find ludicrous...

For social mobility to work, it needs to be a two-way highway, with a large number of pre-rich and an almost as large one of post-rich.

Your duty is to scream those truths that one should shout but that are merely whispered.

Half of life—the interesting half of life—we don't even have a name for.