Collaborative Fund - Writings by Morgan Housel

[weijian]

A little bit of Morgan-ism for the weekend is always good.

Assured Misery

If you view investing as a single game, then you think every deviation from that game’s rules, strategies, or skills is wrong. But most of the time you’re just a marathon runner yelling at a powerlifter. So much of what we consider investing debates and disagreements are actually just people playing different games unintentionally talking over each other.

https://www.collaborativefund.com/blog/assured-misery/