SOME ADVANTAGES OF ASPERGER’S. What kind of person could successfully make an analysis of a financial security which required reading 30,000 pages of documentation to understand it and then put over a billion dollars at risk based on that analysis? I posted here on the proposition advanced by Temple Grandin and Tyler Cowen that some intellectual achievements have been made because they were made by people on the autistic spectrum. Michael Burry had from when he was young “attributed his unusual powers of concentration to his lack of interest in human interaction.” During the course of Burry’s bets against subprime mortgage CDO’s, Burry’s four year old son was diagnosed with Asperger’s—and so was Burry. Michael Lewis says that the diagnosis explained a lot about what Burry did for a living: “his obsessive acquisition of hard facts, his insistence on logic, his ability to plow quickly through reams of tedious financial statements.” Lewis quotes Burry himself as saying: “Only someone who has Asperger’s would read a subprime-mortgage-bond-prospectus.”
Categories
Archives
Recent Comments
- HOW BANKS PREPARED FOR A U.S. DEFAULT. (2)
- GREECE’S ADVANTAGE IN THE CHICKEN GAME. (2)
- Nick: That makes sense. It reminds me of the stories Pater Familias would tell me about how in Boston the person with...
- Dick Weisfelder: Greece seems to me to be playing a game that Karl Deutsch called “underdog.” While one...
- FOOTBALL PLAYERS DELIBERATELY CAUSING CONCUSSIONS? (3)
- Nick: It was my understanding that boxing gloves were to protect the puncher’s hands and not the...
- Dick Weisfelder: Remember the Roman arenas? Bare knuckled boxing? Such injuries were taken as natural and accepted in...
- Mary Jane Schaefer: This isn’t about football. Or even sportsmanship. Well, it is about sportsmanship. But what...
- A 25 % CHANCE OF A EURO DEFAULT? (1)
- Nick: The fact that this has gone on for so long is pretty perplexing. The Economist is referring back to articles it...
- DECIDING WHAT KIND OF PATIENT YOU ARE. (1)
- Dick Weisfelder: One can be very open to new technology, but also risk averse. The recent debates about how to...
- THE EUROZONE—A CHICKEN GAME WHERE EVERY MEMBER CAN BLOW IT UP? (1)
- Mary Jane Schaefer: This is not a matter of chicken. These are all turkeys.
- PLAYING WITH MATCHES NEAR A GASOLINE TANK. (1)
- Mary Jane Schaefer: Why would the French care? As long as they take down Britain?
- NORWAY’S CHRISTMAS BUTTER SHORTAGE. (1)
- Mary Jane Schaefer: Christmas with a butter cookie shortage–in Scandinavia. This isn’t even Scrooge. This...
Meta