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“I don’t have the brain capacity to think about the system as a whole. All I’m concerned with is how this affects our company.”

I wonder how many people really understand the system as whole. From the outside, it looks like a complex natural phenomenon that we don't really understand and don't control.




That's not to be taken literally, you can be pretty sure the head of a hedge fund understands the system very well. He was just stating his priorities.


A large number of hedge funds lost a lot of money in the crash. This is proof of a sort that their heads did in fact not understand the system well.


There isn't much incentive or motivation to think of the larger system, when you are being paid $12 million an year bonus to think only of your own benefit.


And that is why businessmen make mediocre politicians and policymakers at best. You need to take all thing into account thinking decades into the future.

So next time a self made billionaire thinks he can enter politics on basis of his current success this should be taken into account.




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