Week In Review Articles:
Morgan Housel: The Trajectory of Great Ideas “You still don’t know it. You may not ever admit it. Finding great ideas requires conviction, but survival requires humility and adaptation. These things can conflict.”
A Wealth Of Common Sense: The Half-Life of Investment Strategies “The smartest people on earth can crash and burn in spectacular fashion in the markets. Investing can be a humbling exercise if you don’t enter them with a heavy dose of self-awareness and humility. The markets are one of the few places in life where confidence can work against you.”
Of Dollars And Data: We All Have It Now “Just like we all have the same information, we all share the same innate biases. You cannot change this. But, you can change how you act. The only edge that will always exist is controlling your own behavior. That is not something that we all have.”
James Clear: Fast Growth is Overrated “However, our obsessive focus on what we’re winning can also blind us from understanding how, precisely, people become winners. If you focus too much on the finish line, you miss the strategy going on during the race.”
The Belle Curve: What Do You Do? “More importantly, aren’t there more interesting things to learn about a person that what they do for a living? What if we are completely missing out on an amazing conversation by wasting time talking about our jobs? If someone is going to become a friend, you will eventually find out what they do.”
Per Diem: Quit Pretending Pt. 2 “You’ve heard the saying from a coach (probably while doing some sort of tough conditioning drill) that ‘90% of the game is mental.’ Your coach was teaching you that the majority of the battle is internal. The game isn’t between you and your opponents. It’s between you and yourself.
Jason Zweig: The End of Quarterly Reporting? Not Much to Cheer About “In other words, the longer bad news is delayed, the worse the market’s response.”
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