quickly summarize what adaptive market hypothesis is about basically the point is that the traditional investment thesis the framework that we use for making investments is flawed it's notwrong but it's incomplete in some very important ways and what I'm going to show you through way of some simple
But I also would argue that the 1980s, there were some pretty unique things about the 1980s that have made it stick around for as long as it’s stuck around for. And the basic thesis of my book is that in many ways we are still living in the 1980s, that there were distinct eras before the 1980s and that we're still essentially living in the eraof the 1980s. And I think the reason is, there's a couple of reasons I think the 1980s stuck around.
focused on preserving democracy rather than eliminating slavery. But, that's not anything buried at all, it is the—it's the meat of the Gettysburg address. I mean, that is the thesis that Lincoln talks about. I don't believe he mentioned slavery in the Gettysburg address.
If you're in the news business, you can't monetize -- Ken: Yeah. The only -- the only qualification I would have to what you said is that -- and I -- again, it goes back to the thesis -- I don't think these people have been inventive at all.I think they've been reactive. But, I mean, there are some brilliant people like Clay Shirky, the NYU professor who writes a brilliant blog and
scene that I wanted to ask you. Like is there anything about the Trump years, specifically Trump 2, that challenges that thesis ? Are we seeing a president who is uniquely important even if others have been more controlled by structures? I look, presidents have been increasingly powerful since the early 20th century. That's why we talk about an imperial presidency. They have
Um so let's just start with you just summing up the thesis . What is this thing about? The thesis is that we overvalue complete freedom and that useful limits uh in our work and in our lives can actually liberate us to be the most creative and
In our lab, we developed a robot garden. The thesis was that if we actually create an embodiment of lots and lots of different machines that could also somehow visualize and capture the execution of algorithms, it would be easier, and it would be more fun for children to learn how to program.
It's hard. It's really hard. My thesis for the book is sort of write down your family recipes before it's too late. And a lot of people have lost their family members or their parents.
And it means you can't have separate instruction caches and D Cache-- data caches, because they become incoherent. My thesis predicted that this would be a 40% performance loss. And that number probably got me the job at ARM.
And so each pattern you see there is for artificial quantum atoms. your thesis on the laptop.
Yeah, I mean this is, in some sense, the thesis of the book. The thesis of my book is basically that the changing nature of our expectations has put these great marriages within reach. But it makes it more difficult to achieve them.
All right, digital truth serum-- Google. The thesis of my book basically, and the thesis of my research for the last five years is that people are much more honest on Google than they are to basically any other source, I think.
For example, Boeing is asking us to add new SMV, which is one of the fastest and most efficient model checker out there, to this list. Our thesis is you keep this.
And a lot of people were buying Enron because they thought it was a growth company. Their thesis was based on the income statement. But when we look at their earnings quality through these two alternate metrics, we see that they were in the lower left box every year.
But the thesis is that people are tiring what has been held up as this pillar of the iconic American dream. The thesis is not that everyone's going to live in a skyscraper in New York City. That's impractical. That's not the way most people in this country want to live.
The thesis is that there are modules in the brain that are comprised of about 100 neurons, and that each one of
His thesis is simple, brands make corporations accountable and culture is something that is permanently engrained in the notion of a brand identity.
my thesis there is a different to me there's a distinction between you know similarities and and similar things
The thesis of my book is that people are unlikely to change their behavior because they receive new information, or because you've told them something that scares them to death. The most
It's a remarkable thesis .
And the core thesis of Bowling Alone is the popularity of the sport bowling has not gone down over time, but we are now bowling alone instead of bowling in leagues.
His whole thesis is giving people money advice that is based on academic research. Our brains, our psychology,
to prove their thesis that Jews are cheap.
Her doctoral thesis advisor told her, you'll never get your PhD.
This is my big thesis , my big dissertation when I got my PhD.
And the thesis of the book is that games and mathematics share a huge amount in common.
And my overarching thesis , that you do continue your relationship with your loved one after you lose them, that that love doesn't die,
arrive at the central thesis of their work.
My master's thesis was on undersea lava flows on the next Hawaiian island, and I basically just defined a couple new types of undersea lava flows.
And so that thesis is present in the current book as well.
And the main thesis is that we live in a simulated multiverse.
So my thesis was, could we create an agency that was really focused on redefining the rules of storytelling, leveraging technology and culture,
I wrote my college thesis -- you guys probably studied things that were much better for employment, but my college thesis was cookbooks and Armenian American identity.
So my thesis is-- as I told you, it's not only my thesis -- that the global crisis is the result
I have my thesis to finish by next Thursday.
So my thesis is what has happened in Germany has happened in a very similar way in most
But it is interesting. So my thesis was called "A Performance Study of the Acorn RISC Machine." And I wrote a C Compi-- sorry, I wrote a C Compiler. I wrote a instruction set simulator called ARMulator.
So straight out of university I joined. I sent them my thesis by post and heard not a thing. Not a single sausage was heard in New Zealand.
It's a thesis statement on Han's life.
So really the thesis is let's treat each other like humans at work.
And her whole thesis is that you want to give feedback that helps people grow.
Its implicit thesis that problems were capable of solutions-- they may not always be the simplest or most gratifying
But the general thesis is very much the same, that if the company does well, you will do well proportionally so as well,
So here's a thesis .
This was my thesis project when I was in grad school.
But the overarching thesis is clear.
And the simple thesis is that progress isn't going to slow down any time soon.
So my thesis is that smart devices are going to make the difference.
What's are thesis with regards to active management of your acquisitions, be it real estate or businesses?
It was my thesis actually which was on fair division.