human judgment
2 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Nov 11, 2019 by Jason Karp · across every show →
Everything said about human judgment, oldest first
Nov 11, 2019
Karp: Discoverable market anomalies get arbitraged away, but disciplined human judgment does not
“And I had a mentor a long time ago who told me that he believed that almost everything that was discoverable in finance would be arbitraged away, but human judgment would not, and that human judgment, good judgment, was rare, and that balancing it with emotion…”