#22: Ben Hunt on the Unparalleled Power Of Narrative in the Financial Markets
Superinvestors and the Art of Worldly Wisdom
The Common Knowledge Game
The most powerful games that impact our lives are these social games where it's not just, obviously, two people playing the game. So common knowledge is information that everyone in the crowd thinks that everyone else in the crowd has. The consensus is this notion of what everyone thinks. It's a simple notion of whateveryone thinks that everyone thinks. And so that's the core. That's the key to how all the game plays out.
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