

“You set up a hedge fund that will use quantum algorithms based on astrology to trade prime bank certificates on the Ruritanian Exchange, and that promises a risk-free return of 100% per month, over the blockchain, and the portfolio manager is Elvis.”
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Aptly put
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Sounds like this might apply to political/digital literacy also.
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That paragraph is really an argument for _also_ including classes on _cultural_ literacy as well as financial literacy.
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Indeed and I might argue, replace supposed finance classes with actual economics studies.
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He writes daily?
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Agree for most part but he's just a man with his own set of biases. For ex: 'But the actual thing that happened is that Lyft flopped and then Uber flopped.' Maybe for bankers and road show fools, but tell the VCs who made 1,000x or 10,000x on their investments. Flopped

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