participants looking at the same data day after day can suddenly draw radically different conclusions about that same data when their beliefs about the world change dramatically. Given the destabilizing forces of populist politics, trade tensions and changing geopolitical fault lines, the ability to draw valuable insights from data about expectations and beliefs is invaluable for any investor or policymaker looking to gain a sense of market sentiment, where it stands and where it might be going. And with that, let's get right into this week's conversation. Dr. Andre Schleifer, welcome to Hidden Forces. Thank you, I'm very happy to be here. It's great having you on the program. I just finished reading your book as I was telling you. The book is called A Crisis of Beliefs. When did this come out? I think the book came out in September, maybe two months ago, just for the 10th anniversary of the crisis. How long were you working on it? First of all, reading the book, you realize how many (3/44)
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