“My training as an economist has been of help in one important way: It convinced me that the only information that is of value in a financial market is information that other people don’t have.”
More from Herbert A. Simon
“Whenever a piece of information is stored in memory, additional information should be…”
“Some speak of search for their roots. But that is a false metaphor. For these strands that…”
“The past cannot be recaptured. Memory is overlaid with later memory, mangled by…”
“Since biological organisms are constructed from molecules, and those molecules from atoms,…”