Lumifer comments on Contrarian LW views and their economic implications - Less Wrong

16 Post author: Larks 08 October 2014 11:48PM

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Comment author: Lumifer 09 October 2014 08:56:48PM 6 points [-]

It's hard to short universities :-)

I expect the market to bifurcate with the top tier maintaining its ability to commandeer outrageous prices, but the bottom tier either reinventing itself or going bust. Harvard is fine, a fifth-tier law school in South Dakota is in deep trouble.

Comment author: Larks 11 October 2014 09:56:13PM 2 points [-]

You can short this one.

Comment author: [deleted] 12 October 2014 09:33:22AM 1 point [-]

My first reaction on looking at the plot on the right, before reading the labels on the x axis, was ‘it looks like the impending doom is probably already priced in’.