Buffett and friends disdain this sort of mathematical standardization as just another Wall Street oversimplification.
To be sure, this is an extreme oversimplification of the issues facing both the stock and bond markets.
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It is an oversimplification to say that Wall Street must exist for the purpose of serving Main Street.
While it may seem like an oversimplification, large corporations have succeeded by standardizing the delivery of products and services as they scale.
Please note that the above is a rather vast oversimplification of the physical, neurological and biochemical considerations that have to be made.
Now, however, describing Apple as just a throwback would be an oversimplification.
It's a gross oversimplification that I think really impedes our understanding and impedes our formulation of what the US can do most effectively to respond.
And even that last statement is a bit of an oversimplification.
But talking in the Ancient Iran room that houses the cylinder, Mr. Curtis is quick to say that it is an oversimplification to call the cylinder a Bill of Rights.
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While that is one interesting question though even as it is there are problems with it having it stand alone as the driving force for change is a gross oversimplification that will lead to bad outcomes.
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And I am sure these companies are to blame, and their CEOs do carry responsibility for the disaster, but to name and shame them as the sole cause of the misfortune seems a dangerous oversimplification.
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That email is an oversimplification.
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