Remove 2008 Remove License Remove Math Remove Portfolio
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Transcript: John Hope Bryant

The Big Picture

BRYANT: So money, unlike math, money is highly emotional. And so I remember Quincy told me, if you think you’re in the music business, and you don’t own music rights, publishing rights, licensing rights. I mean, there’s 50,000 kids in the Atlanta public school system, so you can do the math there.

Banking 143
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Transcript: Gretchen Morgenson

The Big Picture

Talk to people who try and get licensed to do insurance things, or if there’s a failure to pay out a policy in the litigation that follows. MORGENSON: And so, he buys this portfolio of junk bonds. MORGENSON: It stopped outperforming in like the mid-2000s or towards 2008. Or does that happen? MORGENSON: That does happen.

Insurance 143
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Transcript: Cass Sunstein

The Big Picture

And then people will feel licensed to say what they had shut up about. But we know, and this is what at least I wasn’t sufficiently alert to in 2008, that self-interested or malevolent types can use behavioral biases to manipulate people. Okay, and they are designed to help people deal with their cognitive limits.

Economics 245