Diego Parrilla

And yield curve control, unlike quantitative easing, quantitative easing is about, hello, Mr. Powell, here's 120 billion a month.

Go and spend it.

And he bought whatever he wanted, bonds and affected prices of things.

Yield curve control is different.

It's like, hello, Alan, the 10-year treasury is not going to go worse than 5%.

Why?

Because I said so.

What are you going to do about it?

Print infinite amount of dollars to hold it.

It's more about knowing what not to do.

So if someone is now, okay, who do you want to marry?

It's like, I have no idea, but I can tell you who I do not want.

So that's what I learned.

That's what I learned from some relationships.

You're like, I don't really know what I want, but I can tell you exactly what I don't want.

And so I think you can improve the average and you can make your day better by simply knowing what to avoid.

I love the concept of Black Swan.

I think Taleb has been very influential and Karl Popper and all this mindset.

I think his contribution is towards, you know, as humans, we have this ludic fallacy of pretending we understand probabilities and underestimating the fat tails.

And