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#361 - Sam Bankman-Fried & Effective Altruism

Making Sense with Sam Harris - Subscriber Content

CHAPTER

Exploring Ethical and Rational Decision-Making in Financial Matters

The chapter discusses the contrast between the behaviors of Bernie Madoff and certain companies, focusing on the misuse of customer assets and questioning if actions were driven by greed or calculated intentions. It analyzes long-termism, probability evaluation, and ethical implications of decision-making, highlighting the rationality and ethical considerations in financial planning. The narrative explores the motivations and behaviors behind company collapses, emphasizing arrogance, poor risk management, and fraudulent practices, shedding light on the consequences of irrational decision-making in the financial sector.

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