“You’re essentially indirectly competing against the smartest, most informationally savvy groups in the world.”
“You’re essentially indirectly competing against the smartest, most informationally savvy groups in the world.”
On an individual level, however, it’s absolutely critical that you know who you’re competing with and why, that you have a clear sense of the space you’re in.
Ryan Holiday • Ego is the Enemy: The Fight to Master Our Greatest Opponent
To surpass so many smart competitors, it’s not enough merely to outwork them. You also have to outthink them.
William Green • Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life
Sometimes, however, it is not so much how good your predictions are in an absolute sense that matters but how good they are relative to the competition.