Fallacies | Wall Street Financier: Notes from High Altitude© https://wallstreetdealmaker.com He who makes a beast out of himself gets rid of the pain of being a man. Sat, 03 Apr 2021 20:39:36 +0000 en-US hourly 1 https://i0.wp.com/wallstreetdealmaker.com/wp-content/uploads/2018/12/pitbullgif.gif?fit=32%2C22&ssl=1 Fallacies | Wall Street Financier: Notes from High Altitude© https://wallstreetdealmaker.com 32 32 155119938 Move fast and break things https://wallstreetdealmaker.com/2021/04/move-fast-and-break-things/ https://wallstreetdealmaker.com/2021/04/move-fast-and-break-things/#respond Sat, 03 Apr 2021 20:39:32 +0000 https://wallstreetdealmaker.com/?p=2400 The name of this December 2019 post on HBR by Greg Satelle tells it all: Why “Move Fast and Break Things” Doesn’t Work Anymore “Over the coming decades, however, agility will take on a new meaning: the ability to explore multiple domains at once and combine them into something that … Continue ReadingMove fast and break things

The post Move fast and break things first appeared on Wall Street Financier: Notes from High Altitude©.]]> The name of this December 2019 post on HBR by Greg Satelle tells it all: Why “Move Fast and Break Things” Doesn’t Work Anymore

“Over the coming decades, however, agility will take on a new meaning: the ability to explore multiple domains at once and combine them into something that produces value. We’ll need computer scientists working with cancer scientists, for example, to identify specific genetic markers that could lead to a cure. To do this, we’ll need to learn how to go slower to have a greater impact.”

Greg Satell

Does anyone in Silicon Valley listens to it ?

I doubt it.

Silicon Valley is on a SPAC ramp to scale and burn, fueled by the gasoline of SPAC fever.

We warned about the SPAC burning furnace for months.

“But the sheer volume of SPAC money chasing private companies to acquire means there’s a real risk that some SPAC mergers end up going bust. A number of companies that are considering SPACs as their route to the public market may be doing so because they have not been able to raise private capital from investors – meaning companies aren’t growing fast enough alone and aren’t able to achieve desired private capital support.

But, as a result of the SPAC boom (with over 330 SPACs currently seeking a target), some of these private companies will leapfrog into unicorn status. This could amplify SPAC popularity even further for the companies that don’t want to stay private for several more years but rather want liquidity and access to public currency now. ” –Forge Global

Tech is the cat with seven lives and seven lies.

The post Move fast and break things first appeared on Wall Street Financier: Notes from High Altitude©.]]> https://wallstreetdealmaker.com/2021/04/move-fast-and-break-things/feed/ 0 2400 Fallacies: what’s in my boss’ toolbox ? https://wallstreetdealmaker.com/2017/06/fallacies-whats-in-my-boss-toolbox/ https://wallstreetdealmaker.com/2017/06/fallacies-whats-in-my-boss-toolbox/#respond Tue, 20 Jun 2017 19:26:00 +0000 http://wallstreetdealmaker.com/index.php/2017/06/20/fallacies-whats-in-my-boss-toolbox/ Do you know your fallacies [list of informal fallacies] ? People are often lead by irrational mind tricks and trips employed by high charging individuals. Heuristics, faking social proofs, high flying stories backed by other stories, mocking people, and so forth are tactics used to win and gain support. Bernard Madoff … Continue ReadingFallacies: what’s in my boss’ toolbox ?

The post Fallacies: what’s in my boss’ toolbox ? first appeared on Wall Street Financier: Notes from High Altitude©.]]> Do you know your fallacies [list of informal fallacies] ?

People are often lead by irrational mind tricks and trips employed by high charging individuals.

Heuristics, faking social proofs, high flying stories backed by other stories, mocking people, and so forth are tactics used to win and gain support.

Bernard Madoff has never taken a penny from anyone ! People gave that money to him ! [Educated] people [of sound body and mind] WILLINGLY gave him their money ! Madoff has NEVER taking any money from someone who wasn’t going to give it to him.

Fallacies are tools of endearment. Watch this video below on Donald Trump’s campaign speech where he is using 15 fallacies in three minutes.

Your mind is not even aware of what he’s doing to you. Red herring fallacy, bandwagon, false cause, black or white fallacy, loaded question fallacy, strawman fallacy, slippery slope fallacy, personal incredulity fallacy, ad homini fallacy, and they just keep on coming.

What are some of the fallacies your boss is using on you ? Can you now see better through his (or hers) bulls*it ?


Here’s a video series from Adam Smith Institute, that, although quite bland, goes through most of these fallacies. Do not be afraid to admit you fall for these, and remember as long as you’re learning, you are improving.


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