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Epistemic status: Left as an exercise for the reader. I was thinking of EA outreach and its optics this week. And was inspired to glance at a specific part: What does EA look like from the lens of a Slytherin? People keep being surprised about Effective Altruist Slytherins Surprise means...
Hypothesis: Real markets are not irrationally lazy. They are lazily rational. The Efficient-Market Hypothesis > Efficient-Market Hypothesis (EMH): asset prices reflect all available information. EMH assumes costless information, costless cognition, and costless execution. It models a theoretically optimal market. The friction of real markets is well understood. The Lazy-Market Hypothesis...
Lesson: The enemy is compliance, and the solution is courage. (This post uses the Hogwarts houses as an evocative lens. See the footnote [1] if you are unfamiliar.) Behaviour: * You're making a career choice. Your local EA community needs a director. You're unsure but commit, since it's important work....