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Bred Cow Market has been Trumped !
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<blockquote data-quote="WalnutCrest" data-source="post: 1396884" data-attributes="member: 21715"><p>Ahhh...risk-adjusted expected values based on the phase of the cattle cycle. Not asking for too much there, eh?!</p><p></p><p>May I suggest two books --- Fooled by Randomness (2nd edition) by Nassim Taleb ... and ... Thinking, Fast and Slow by Daniel Kahneman. We, as a species, do a wonderful job of deluding ourselves about one thing or another all the time. Failure to trick ourselves would lead to death. Which is an interesting conundrum, as tricking ourselves also leads to our death. Not dissimilar from the trials faced by Buridan's donkey.</p></blockquote><p></p>
[QUOTE="WalnutCrest, post: 1396884, member: 21715"] Ahhh...risk-adjusted expected values based on the phase of the cattle cycle. Not asking for too much there, eh?! May I suggest two books --- Fooled by Randomness (2nd edition) by Nassim Taleb ... and ... Thinking, Fast and Slow by Daniel Kahneman. We, as a species, do a wonderful job of deluding ourselves about one thing or another all the time. Failure to trick ourselves would lead to death. Which is an interesting conundrum, as tricking ourselves also leads to our death. Not dissimilar from the trials faced by Buridan's donkey. [/QUOTE]
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