“The fabric of our lives”-Part2
As quoted in part one: “The fabric of our lives Cotton Money” part 2 “Investing is not the study of finance. It’s the study of how people behave with money. And behavior is hard to teach, even to really smart people. You can’t sum up behavior with formulas to memorize or spreadsheet models to follow. Behavior is inborn, varies by person, is hard to measure, changes over time, and people are prone to deny its existence, especially when describing themselves.”-Morgan Housel ;”The Psychology of money If investing is the study of how people behave with money then what’s the psychology behind investing in the mass kidnapping and chattel enslavement of a entire people? And then creating an entire nation’s economy from that enslavement and denying it happened? And denying that there are systems in place to maintain the economy, infrastructure and ecosystems set up by that slave labor? I guess it’s as stated above ”Behavior is inborn, varies by person, is hard to measure, chan...