2026's Silliest Way to Lose Money: Clinging to Stupid Priors Over First-Principles Bets
saranormous · x · 2026-10-21
saranormous argues the silliest way to lose big money in 2026 is holding onto stupid priors, and the second is making "safe" bets on prestige instead of evaluating tech and business from first principles. If a company has a fancy pedigree but keeps losing, "don't fight the tape."
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