Replying to Avatar Phillip Leslie

its 1926. i am a wealthy stock market trader. the market keeps going up, americans keep getting richer, things are, as some say, "roaring", and everyone everywhere is having a great time. the overall outlook is that this trajectory remains steady!

take me to 1933. what was i wrong about?

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Connie 2y ago

Savage capitalism?

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Phillip Leslie 2y ago

I was wrong about things continuing the way they had been aka recency bias.

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Connie 2y ago

Oh… one the wrongs

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