There is inherent dichotomy in thinking slow idea Sanjoy! The whole purpose of thinking slow is to make a slow but better decision, however the other purpose of learning about this slow decision making is to make a better decision quickly next time. And this kind of assumption based discussion in which academician thinks and try to hide with their good language skills the assumptions they have made to prove there point. In his book Daniel Kanman has fooled the whole world without exactly quantifying: how much slow is slow and on which question who should take how much time. And this is the reason you are having more efficient capital than Daniel kanman, and Charlie and Munger are far ahed of you because they have practiced and mastered this art of destoying the established ideas, which you are trying to do and practicing for 30-40 years and people like me has started 5-7 years back!😂
Hello Folks, I am unable to find the study referred by Mr. Bhattacharyya about the r2 of the world GDP being less than zero with the world stock market. If anyone has any leads, it would be greatly appreciated. Thanks