I was having a conversation the other day about some of the dumber ideas in finance that don’t see to want to die — which led to a laundry list of really bad economic memes, investment concepts, and other assorted silliness.
But all of this begs the question:Why don’t bad ideas die? Why are there all of these zombie concepts that are clearly wrong, money-losing foolishness that seem to hang on forever?
Where is Darwin in all this?
Any suggestions? I am really curious as to why this is . . .
Category: Really, really bad calls
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.