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The comments and attitudes expressed on ZH about anything and anyone who isn't drinking the bitcoin and private cryptocurrency Koolaid are strikingly similar to what I observed for penny stocks that were either melting down or on the verge of melting down.
We need not go too deep into allegations of gold price manipulation on Comex. Debt cannot be issued in Bitcoin; debt is not neutral within a society. Decoherence Nov 1, 7: Any country with a collapsed currency is going in de facto. Homework everything measured in dollars looks like a bubble because the US dollar sachs being strategically hyper-inflated. Yeah, yeah, yeah, peanutz this, peanutz that. Japan already looks like it's on the cusp of hyperinflation scribd they're embracing Bitcoin for now.
In the Tupperware party, you have reciprocation, consistency and commitment tendency, and social proof. The hostess gave the party and the tendency is to reciprocate; you say you like certain products during the party so purchasing would be consistent with views you've committed to; other people are buying, which is the social proof. In the open outcry auction, there is social proof of others bidding, reciprocation tendency, commitment to buying the item, and deprivation super-reaction syndrome, i.
The latter is an individual's sense of loss of what he believe should be or is his. These biases often occur at either conscious or subconscious level, and in both microeconomic and macroeconomic scale.
From his first marriage to Nancy Huggins, [3] Munger is a father of two living children: Wendy Munger, a former corporate lawyer and trustee of Stanford University , [18] and Molly Munger, a civil rights attorney and funder of a ballot initiative to raise California taxes for public education.
Munger and Philip R. William Harold Borthwick and David Borthwick. Munger enjoys architecture and has designed multiple buildings, including dormitories at Stanford University and University of Michigan as well as the house he currently inhabits.
Munger is a major benefactor of the University of Michigan. The renovated portion of the Lawyers Club will be renamed the Charles T. Munger Residences in the Lawyers Club in his honor.
On April 18, , the University of Michigan announced the single largest gift in its history: Munger have been major benefactors of Stanford University. Both Nancy and Wendy Munger served as members of the Stanford board of trustees. The Munger Graduate Residence opened in late and now houses law and graduate students.
Munger has been a trustee of the Harvard-Westlake School in Los Angeles for more than 40 years, and previously served as chair of the board of trustees. His five sons and stepsons as well as at least one grandson graduated from the prep school.
This is the largest gift in the history of the school. The donation will go toward the construction of a residence building for visitors of the Kavli Institute in an effort to bring together physicists to exchange ideas as Munger stated,"to talk to one another, create new stuff, cross-fertilize ideas". From Wikipedia, the free encyclopedia. Retrieved March 8, John Wiley and Sons. Harvard Law School Alumni Center.
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