It's basially being a smart human, but in the world of quick-fixes and scaling businesses and hustle and flow, people forget that all businesses are built of personal relationships not metrics.

They too, are human, and get overwhelmed.

Warren strongly believes in the American economy and the basic common sense that in spite of hard times, people have to eat, drive, sleep, shelter, take care of themselves and every of his investment reflects the common needs of humans.

It doesn't make sense to stop all human activity based on the rationale that they have a non-zero error rate.

Even if you make up an electrical plan (which I would do) and a plumbing plan (Which I would also do), you still need oversight on the job to make sure that human error (Murphy lives!)

If you lose your job, or quit, you have 30 days to find a new one or leave the country.Not saying it's not a great country (I've heard lots of good things) or that there aren't good aspects of the economy and political system, but it's well known that a major part of the reason the economy is so good there, and the reason there is so much new construction is that a decent percentage of the workforce are practically enslaved laborers brought into the country as indentured servants (given a little bit of money and then being forced to spend decades working for pennies to pay off their debts).There are several disturbing documentaries about Dubai worker exploitation and some very prominent human rights groups focused on Dubai these days.Here's a summary:http://en.wikipedia.org/wiki/Human_rights_in_Dubai

To be a good flipper and consistantly make money you need to have several skills and avoid severa mistakes that are very common:1) Overestimating ARV (after repair value) - it is human nature to be optimistic and look at the best case scenario, but you have to be realistic when analyzing the end sale price of a property.

There's to "power of the human mind" or any such mumbo jumbo involved.

The problem with being in California is there we're affectionately known as the "guinea pig" state.

As the patterns on your charts have shown time and time again, human behaviors don't change be it the Great Depression or the recent Great Recession.