The Disadvantage of Failure Conveniently

The availability cascade is the correct concept here. People who are participating in promoting the notion that a particular neighborhood is a good investment are driven partly by informational motives, they're reading other experts for information to learn from them. They don't want to make a mistake where they can be singled out as having gotten a draw. Tim, will you remind me of a quote of John Maynard Keynes? I think it's better for one's career to have failed conventionally than to have succeeded unconventionally.