There are a few paragraphs that I had written but deleted them as this equation seemed simple and sufficient.
This Warren Buffett quote is an apt one here – “I don’t think we’ve (meaning him and Charlie Munger) ever made a decision where either one of us has either said or been thinking: We should buy or sell based on what the market is doing. Or for that matter, what the economy is doing.”
When it comes to investing, who do you want in your team?1. A trustworthy guide in an uncertain worldOR2. A seller of certaintyThis is not a trick question. There is a massive diff ....Read More
There is a brilliant Daniel Gilbert quote that I ask you to meditate on:
“Human beings are works in progress that mistakenly think they are finished.”
We were a work in p ....Read More
To quickly jog your memory, I had asked this question last week.Let’s say you have to pick one of these 2 things -1. Run out of MoneyOR2. Run out of TimeWhich one would you choos ....Read More
This is an experiment in Reframing, and I am curious to know what you think of it…Instead of calling equities or stocks, what if we started calling it Ownership (which it essenti ....Read More
James Clear wrote, “A paradox of life is that the greatest returns come in the long-term, but the opportunity cost of moving slowly is huge.Long-term thinking is not slow acting. ....Read More
I had written a post “The 2 Other Ironies of Investing”, which many of you loved. Guess what! There is another interesting one. While I have written about it before, but this o ....Read More
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