The point is that humans are rarely at their best when they… - Didier Sornette

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The point is that humans are rarely at their best when they use rational reasoning.

Didier Sornette

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About Didier Sornette

Didier Sornette (born 25 June 1957) is Professor on the Chair of Entrepreneurial Risks at Swiss Federal Institute of Technology Zurich (ETH Zurich). He is also a professor of the Swiss Finance Institute, a professor associated with both the department of Physics and the department of Earth Sciences at ETH Zurich.

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Additional quotes by Didier Sornette

Knowledge is encoded in models. Models are synthetic sets of rules, and pictures, and algorithms providing us with useful representations of the world of our perceptions and of their patterns.

Indeed, the financial world is such that any insight is almost immediately used to trade for a profit.

A bubble that goes up is just one that could have crashed but did not.

The point is that humans are rarely at their best when they use rational reasoning. - Didier Sornette

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