Back to episode — Episode 3052 CWSA 12/24/25
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ng to work it out on your own? I mean, you're just going to work that out on your own is not really something anybody can do. But if your parents gave you just a little bit of exposure to managing money, such as having a custodial account, you would be less intimidated. And even those things you didn't know how to do, it wouldn't scare you to go figure out how to do them. Does that make sense? So…
← Previous segment →goes like this. All data that's important is fake. You don't agree with that, right? Because you think well I mean that's a little bit of hyperbole isn't it? All data, really all data that matters is fake. Yep.
Now I would limit that to let's say the political economic realm. It's not true that engineering data is all fake. So if you're measuring let's say the reliability of a car or something that's not necessarily fake because maybe that's something that one company is doing for itself has no incentive and a real good way to measure it. But everything in the political or economic domain and that would be climate change for sure. You can guarantee without doing any research that the data is bad. Guarantee it. And the reason is it always is. You don'
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t even need to know anything about the domain. In every case, data is unreliable if it matters. Medical data. I heard recently an anecdote of someone who was a top brain surgeon. I forget where. I give credit to whoever said this, but it's something I heard recently. So someone who is a top brain surgeon was asked how accurate the medical information is and he thought that less than half of what…
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