Clayfoot

About me

Location United States
Introduction Former ad manager for a fortune 500 financial services company, w/ MBA. I've long felt financial markets and most securities are riskier than portrayed in the mainstream financial press. I think mainstream consensus sometimes derives from experts triangulating their views from each other, in a kind of "mass-mirroring." In December '08, consensus grew for massive government stimulus and bailouts, with no concern for our government's solvency. My worries about government bankruptcy moved me to start this blog.
Interests Systemic risk, behavioral economics, origins of social norms & moral standards, semantic problems related to all the aforementioned.
Favorite Books The mystery of capital - Hernando de Soto, Against the gods - Peter Bernstein, The Black Swan - Nassim Taleb, Fooled by randomness - Nassim Taleb, The (mis)behavior of markets - Benoit Mandelbrot, The money bazaar - Andrew Kreiger, When genius failed - Roger Lowenstein