Books Quote by Roger Lowenstein
““The book is worth reading, in part because it is enjoyable to read of other people's folly, not to mention their avarice and stupidity." -- Roger Lowenstein, reviewing "Devil Take the Hindmost: a History of Financial Speculation", WSJ 6-1-99””
About This Quote
Source Article: Review of “Devil Take the Hindmost” in WSJ, 1999
Reading about others’ folly and greed offers insight and entertainment.
In simple terms: People’s folly is entertaining.
Key Takeaway
Learn from others’ mistakes.
Themes
human nature
greed
folly
Mood
amusing
critical
Type
inspirational
analytical
When to use this quote
- investment decisions
- policy analysis
- personal finance
Key Concepts
economics
history
behavioral finance
Questions to Reflect On
- What lessons can you apply from past follies?
- How does humor affect learning?
A Different Perspective
Entertainment may oversimplify complex issues.
![“Buffett found it 'extraordinary' that academics studied such things. They studied what was measurable, rather than what was meaningful. 'As a friend [Charlie Munger] said, to a man with a hammer, everything looks like a nail.” quote by Roger Lowenstein](https://sms4smile.com/quotes/img-quotes/a50/roger-lowenstein-34951_academic_buffett-found-it-extraordinary-that-acad_2270654.jpg)
