Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses, and More (#659) - The Blog of Author Tim Ferriss
tim.blogSaved by sari
Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses, and More (#659) - The Blog of Author Tim Ferriss
Hence I turned to next factor which was doctrine or the standard ways of operating. This I thought would be easy as it’s just the good practice of business. I started looking into operational strategy and it was during that time another one of those blindingly obvious questions hit me. I was reading up on the great and good of business, those wise ... See more
Simon Wardley • Highlights From medium.com
Knowledge is overrated. Wisdom is underrated. Intellect is overrated. Temperament is underrated. Outcome is overrated. Process is underrated. Short-term outperformance is overrated. Long-term adherence to one’s investment philosophy is underrated. Gross return is overrated. Stress-adjusted return is underrated. Upside potential is overrated. Downsi
... See moreGautam Baid • The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)
WHEN MAKING THE RIGHT CHOICE REQUIRES INTELLIGENCE AND COURAGE