What is the biggest lie someone has ever told you that you believed?
What is the biggest lie you’ve ever been told? Or even, what have you thought was a lie but was true ?
Trending Content
| +46 | Interviews Are So Fake | 28 | 18h | |
| +33 | 2024 UK Election - Tories finished? | 21 | 21h | |
| +29 | Being Christian in investment banking | 14 | 1d | |
| +26 | Non-Competes Banned | 27 | 3h | |
| +25 | ADHD ! | 8 | 21m | |
| How do I become Sigma | 15 | 14h | ||
| +19 | Moelis has the cutest Analysts? | 4 | 1d | |
| +18 | Best NYC neighborhood for single 30M | 12 | 3d | |
| +16 | Underage intern, drinking? | 7 | 1d | |
| +13 | Secretive vs Universal Prestige? | 7 | 1d |
Career Resources
Efficient Market Hypothesis
Oh did you actually believe it at first? My prof showed some debates between Fama and Thaler and when Thaler brought up valid points Fama would just brush it off as an “anomaly” and that because there is no other better framework for thinking about the markets he is right.
If you want to know how scientific the field of academic economics is just look at the fact that both Fama and Thaler won the Nobel Prize in the same year - both for their work on EMH.
Interesting. Cliff Asness was a PhD student at UChicago mentored by Fama (he discussed this on the rational reminder podcast) that he had a disagreement with Fama about EMH and said that momentum clearly shows inefficiency and Fama said something along the lines of “if the data’s there, then show it” while Cliff was writing his dissertation. At least he’s reasonable
Anomalies have always existed but the issue is can one exploit the anomaly and generate results that are better than an index. If it was so easy to exploit anomalies, active equity mutual fund managers would consistently outperform indexes but they do not.
The efficient market hypothesis and similar work done in around that time, has led to the wildly popular passive industry. The passive industry is popular partly because active equity mutual managers have a very difficult time out performing indexes. Now, some people will say what about the stellar performance of hedge funds and similar products. Well, they can tell you anything you want to hear. They are not regulated nor do they publish data for the public to see and scrutinize.
its only 3.6 roentgen
One we all do unless you are a psychopath
Actually reading terms and conditions documents
That there is a God and all this means something.
Are you actually an analyst or a high schooler in mommy’s basement?
This^
This is the truth; OP asked for the biggest lie. So the biggest lie would be “Pee is stored in the balls.”
Depends on the size of the balls in question
Inflation is just transitory.
This is the correct answer. You win the internet.
Just two more weeks
We live in a democracy
Happens every four years. But i remain optimistic, and buy it four years later.
The client needs this by tomorrow morning.
Enjoy your college life. Whatever that means. I recommend grinding.
1) That always doing the right thing is the best way to succeed. It's possible, but it's definitely not optimal.
2) That people will consistently act against their own self-interest because they promised they would. The best way to fully trust someone is to make their incentives align with yours.
3) That romantic love can be unconditional. I don't care what a girl says, if you stop giving her good feelings and she has other options, you're on borrowed time. And that's not a gendered thing -- if a girl becomes unattractive and guys have the ability to find other girls, they'll do the same thing. I've loved two girls in my life, but I've never trusted any. This holds somewhat true for friendships as well -- I would say that you're lucky if you find three truly loyal friends in your entire life, and the earlier you make them the better. I personally only have one friend that I fully trust, and I met him in 7th grade. This is just an extension of the second point.
4) That things are guaranteed to work out to any extent at all. People who go through difficult times and then recover always say "I should have known that I would get through it," but there's just as many people who don't. People regularly get cancer and don't beat it, or lose their jobs and never recover. Some people get in a car accident and have permanent chronic pain, or get divorced and never recover financially or see their kids more than once a week. Sometimes it doesn't get better, but those stories don't make for good motivational LinkedIn posts.
5) That randomness and luck play minimal roles in success and in our lives in general. Read Fooled by Randomness by Nassim Taleb.
6) That we learn our core beliefs by logic. We actually develop subconscious beliefs by repetition.
7) That we have evolved to become an intellectual species entirely separate from our animal instincts. Most behavior can be explained through the lens of evolutionary psychology.
8) That it all really means anything, or that any of the above can prevent you from accepting your life without judgement. The world doesn't owe you anything, but you also don't owe anything to world. At the end of the day, perception is reality, and if the world fucks with you, the best you can do is laugh at the absurdity and be grateful for the experience.
"And why should we feel anger at the world? As if the world would notice!" ~ Marcus Aurelius
Would say #3 is extremely, extremely rare but it's possible. I've never experienced it and I think the only way to be sure is when you go through brutal times. You see it sometimes with guys who've been massively injured (major brain trauma, paraplegic, etc) and some women stay regardless. That sort of love is very, very hard to come by
I largely agree with you thought and this is why I appreciate the love from my parents way more than I used to. Who else loves you unconditionally? Even most siblings won't. If you have parents that love you, don't take that for granted
All humans are created equal
"All animals are equal, but some are more equal than others"
Vitae repellendus quaerat inventore ab. Velit quis vel accusantium illum nulla aperiam. Mollitia libero aliquam consequatur hic quia nihil mollitia. Culpa ex non aliquam ipsum occaecati cumque optio.
Recusandae voluptas velit id quae occaecati minima vel. Est nemo ipsum non veniam vitae neque omnis qui. Nesciunt voluptas voluptatem eum officia laudantium.
Vel necessitatibus dicta vitae ipsa ab aperiam est earum. Nulla nihil facilis dolorem suscipit autem. Velit quia assumenda nihil necessitatibus est quia. Laudantium blanditiis exercitationem dolores amet.
Rem similique reprehenderit molestiae ratione cum numquam non. Porro et libero quaerat reiciendis illo. Sit reiciendis velit tenetur quia deserunt enim. Pariatur eos quisquam dolor dolores rerum hic voluptas accusantium. Aperiam quos ex praesentium recusandae quidem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Deleniti nulla aperiam optio id id aut hic. Sit ut voluptatem deleniti et fugit dolores qui. Corrupti autem id repellat. Ea similique esse repellendus odit. Reiciendis velit quo saepe cum sed animi velit.