FYI: The financial crisis ripped through Wall Street 10 years ago, pushing the global economy to the edge of the abyss. One might think those searing experiences would have created a learning opportunity -- for managing risk better, understanding structural imbalances in the financial markets, even learning a bit about how our own cognitive processes malfunction.
Instead, we have little new wisdom or self-awareness to show for that traumatic event.
Regards,
Ted
https://www.bloomberg.com/view/articles/2018-10-08/the-next-financial-crisis-is-staring-us-in-the-face
