Griffin: Complexity theory teaches humility and margin of safety, not prediction
Tren Griffin · a16z Podcast | The Best Way To Be Smart ... Is To Not Be Stupid · Jan 2, 2019 · at 4:33
Tren Griffin, author of Charlie Munger: The Complete Investor, discusses why critics misunderstand the true value of behavioral economics and complexity theory.
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“Both of those things teach you not that you can create a predictive theory, but that you should be humble and that you should build in a margin of safety.”
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