tag:blogger.com,1999:blog-11073478.post6983623741620166000..comments2023-03-24T05:58:58.993-04:00Comments on Canada's John Galt: The mythical "Systemic Risk"Mitchhttp://www.blogger.com/profile/07278208825096999552noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11073478.post-82636021134456748772009-03-29T19:46:00.000-04:002009-03-29T19:46:00.000-04:00Human nature is what it is. As James Grant once w...Human nature is what it is. As James Grant once wrote about a physics phd setting up a quant fund is that the laws of physics are constant because God is the constant. Economic quant models will fail because they cannot predict changes in behavior that to many people, is self-evident.<BR/><BR/>Mass hysteria and group psychology is running wild.Mitchhttps://www.blogger.com/profile/07278208825096999552noreply@blogger.comtag:blogger.com,1999:blog-11073478.post-76951547437374629632009-03-29T19:41:00.000-04:002009-03-29T19:41:00.000-04:00Mitch,The more I've considered this question the m...Mitch,<BR/><BR/>The more I've considered this question the more I think the most serious risk, and it's clearly systemic, is the American voter.Anonymousnoreply@blogger.com