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The Playing Field - Graham Duncan Blog
Strategies are unique to the investor and the time period, it’s not always advisable to emulate others. You can’t mimic luck or market conditions, study their life philosophies that translate into their investing strategies.
Tim Ferriss • Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor (#576)
Natural Games: Single Player, Positive-Sum, Internally Driven
Natural games are played with reality . Not people.
They are:
Natural games are played with reality . Not people.
They are:
- Single player : Your progress is yours alone. You don’t need anyone to lose.
- Positive-sum : When you create value, the world gets better — and so do you.
- Internally judged : You know you’re growing because you feel it. Your
Play Natural Games, Not Status Games
Robert Greene notes that the “Master” is observing not just “the moves of the pieces on the chessboard but the entire game, involving the psychologies of the players, their strategies in real time, their past experiences influencing the present, the comfort of the chairs they are sitting in, how their energies affect each other — in a word,... See more