“That is the nature of pattern recognition, asking 'What can I infer about this situation based on similarities to what I already know and trust that I understand?' There is less emphasis on trying to reason out things on the basis that they are special because they are unique, which in a financial context is perhaps the definition of a speculation... It creates an impulse always to connect new knowledge to old and to primarily be interested in new knowledge that genuinely builds on the old.” - Alice Schroeder
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