When I first read Chapter In the Land of the Blind of The Big Short in financial crisis analysis class, billions of money just means a huge number, and the collapse of financial system is just a past. However, when these facts are displayed in front of me, I am shocked and reminded of my initial motivation of doing research.
To be honest, I almost forget that I ever claimed financial fraud as my research interest in my research proposal one year ago. What have I done in the past year? I wanted to track others’ steps and gain from others, such as my peers, my seniors, faulty members and professors, but I did not stop and think what I am innately attracted. Michael’s words make me really ashamed of behaving like this as a research student.
“People...want authority to tell them how to value things but they choose these authority not based on facts or results. They choose it because it seems authoritative and familiar. And I’m not and never have been “familiar".”
As for Mark, I think we have attitude and values in common. It is not fact that the wealthy dominate the poor in nature. It is just because the wealthy is being an expert in ripping off poor people. I feel satifafied that I spend two hours to obtain two valuable things: think independently and being professional.
Finally, let me share my favorite part:
It's time to call bullshit. Bullshit on what? Every fucking thing.