No use confusing me with the facts!
Greg Lowhorn, PhD
Helping you succeed in business and economics through stories, illustrations, and applications.
"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already: but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him." - Leo Tolstory, 1897
From the opening of "The Big Short: Inside the Doomsday Machine" by Michael Lewis, the story behind the sub-prime meltdown.