Criminal Justice System

topic on 3 shows · 3 statements across 3 episodes

My First Million Invest Like the Best Capital Allocators

3 statements about Criminal Justice System, every show

Probability of apprehension deters crime far more than penalty severity
“And meanwhile, the researchers have kind of known for years that what's more important than the penalty, you know, if and when you're caught is probability you get caught. A lot of people who are committing crime, you know, don't have that, you know, the abili…”
John Arnold Mar 4, 2026 ▶ 1:01:58 The World's Greatest Energy Trader on Markets, China, and AI · Invest Like The Best
Luckey: Private prison companies are incentivized to maximize nonviolent recidivism
“Those companies have a strong incentive to lobby for and perpetuate laws that Incarcerate people for the longest period of time for the least serious crime. In other words, they don't want murderers and terrorists. They want nonviolent drug offenders who will …”
Palmer Luckey Oct 25, 2022 ▶ 39:24 From Flipping iPhones To Selling Oculus For $2 Billion To Facebook | Palmer Luckey (#378)
CAPITAL ALLOCATORS Assertion Supported
Thomas: Black Americans Face 46% of US Drug Convictions Despite 13% Usage
“If I look at Blacks, we make up 13% or so, depending on when the last time you did the census of the population, 13, 14%, that make up the same percentage of drug users. But we make up 36% of arrest for drug conviction and 46% of drug convictions.”
Shundrawn Thomas Aug 24, 2020 ▶ 54:25 Diversity, Equity & Inclusion 3: Shundrawn Thomas – Leading the Way (Capital Allocators, EP.153)

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