This episode explores the profound human factors—hubris, collective blind spots, and the denial of uncomfortable truths—that underpin the fragility of seemingly robust systems, leading to catastrophic failures.
Cue membership required to read and listen.
finance, wall street, crisis
This book is for anyone seeking to sharpen their judgment on systemic fragility, offering a powerful mental model for discerning the psychological undercurrents and collective blind spots that can undermine even the most robust organizations, from financial markets to any complex enterprise.
William Cohan, a former Wall Street investment banker turned acclaimed financial journalist, brings an insider's perspective and incisive reporting to expose the human frailties and systemic flaws that precipitate catastrophic economic collapses.