36-learning is rooted in repetition and convexity, reading one book twice is more useful than two books once.
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37- professional reviwers tend to want to impress other reviewers while normal people just say their opinions, so be careful of professional reviewers as they have a lack of SITG
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38- Plenius aequo Laudat venalis qui vult extrudere merces – one lauds merrily the mechandide to get rid of it. Be careful of information asymmetries
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39- on selling ethically: ‘you can give advice, or you can sell (by advertising the quality of the product), and the two need to be kept separate’
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40- Laws come and go, ethics stay
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41- counterintuitively, the more regulations, the easier it was to make money. Careful of people who want more regualtions as they have incentive to complexify it so they are more needed.
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42- No person in a transaction should have certainty about the outcome while the other one has uncertainity
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43- it may not be ethically required, but the most effective, shame-free policy is maximal transparency, even transparency of intentions.
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44-for when the “we” becomes too large a club, things degrade and each one starts fighting for his own interest.
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45- I am, at the fed level, Libertarian; at the state level, republican; at the local level, Democrat; at the family and friends level, a socialist.
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