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. ...[F]iremen ...who talk to each other for too long come to agree on many things that an outside, impartial observer would find ludicrous...

A hotshot is someone temporarily perceived to be of some importance, rather than perceived to be of some temporary importance.

This absence of literary culture is actually a marker of future blindness because it is usually accompanied by a denigration of history, a byproduct of unconditional neomania. Outside of the niche and isolated genre of science fiction, literature is about the past. We do not learn physics or biology from medieval textbooks, but we still read Homer, Plato, or the very modern Shakespeare.

I wonder why newssuckers don't realize that if news had the slightest predictive & nonanecdotal value journalists would be monstrously rich.