Tyler Cowen: belief

Transcript context

…In my records, the Lakers ranked relatively high, actually. Our last session, you said Luka was properly rated. I now see his own team didn’t want him. LeBron is not crazy about having him around. Earlier, Jalen Brunson didn’t want to play with him. To me, that’s a lot of negative information, so I think the Lakers will do poorly. I’m looking more like a long-term brand intangible, which I think does seem to matter a lot in the NBA. They have new ownership now that can spend all the luxury tax that they want. Look, when I saw Luka last year, he didn’t seem quite like himself, but it’s actually a reason why you want to . . . Do you want to bet on the overachieving athlete? No, they’re already overachieving, they’re maximizing. Whereas an athlete who has a problem, has a drinking problem — not drinking — having too many beers or being a little bit lazy. He has much more potential to grow if he gets his act together, like fully healthy Luka. Their salary cap situation’s pretty good in the long run. Could be a powerful team.…

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