The efficient market joke—'A $20 bill on the street? No, someone would have picked it up already'—illustrates how shortcuts in thinking can make you miss obvious opportunities and convince yourself you're smarter than you are.

factualpending

Speaker

Chris Davis

Evidence Quote

there's a $20 bill and one says are you going to pick it up he says no because if it was real it somebody would have already picked it up

Source

Christopher Davis: Timeless Investment Wisdom (Audio)The Knowledge Project Podcast
Created: 8/10/2026, 11:31:51 PM

My Notes

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