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13min chapter
Seth Stephens-Davidowitz — Who Makes the NBA? (EP.250)
Infinite Loops
Challenging Conventional Stock and Hiring Wisdom
This chapter explores the pitfalls of investing in 'glamour stocks' by illustrating their historical underperformance compared to market benchmarks. It also critiques traditional hiring practices, particularly the reliance on GPA as a successful predictor of employee performance, advocating for a data-driven approach to candidate evaluation. The conversation emphasizes the necessity of re-evaluating established norms and continuously updating understandings based on new insights.
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Discover
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