Brandon Zietsman: Brexit and the wisdom of the collective

Lessons to learn

clock • 7 min read

That unexpected things happen is completely predictable and as much time should go into engineering portfolios for impossible-to-forecast events as goes into formulating directional views, argues Brandon Zietsman

The last couple of years have not been a great ad for democracy. The Brexit and Trump phenomenon is not just crazy stuff you can shrug off. Although these are different events, with somewhat overlapping sets of causes, they go straight to the heart of our identity in liberal democracies and raise lots of questions. The fact we know why these events happened and can build a historic narrative to explain them provides little solace. Long before the political shocks of 2016, we were lamenting the lurch towards nationalism, inward-looking policies, intolerant rhetoric and identity politics, ...

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