Collaborative Fund: Internal vs. External Benchmarks

I have no idea how to find the perfect balance between internal and external benchmarks. But I know there’s a strong social pull toward external measures – chasing a path someone else set, whether you enjoy it or not. Social media makes it ten times more powerful. But I also know there’s a strong natural desire for internal measures – being indepen... See more

A wonderful question from Morgan Housel on measuring your results internally rather than externally:

"Would I be happy with this result if no one other than me and my family could see it, and I didn't compare the result to the appearance of other people's success?"