Moi Jamri

The bandwagon fallacy, also known as the appeal to the masses or appeal to common belief fallacy, is the logical fallacy of claiming that something is true because everyone believes it. Whether that belief is actually true or not doesn’t matter—if an arguer claims that a position is true because it’s popular, the arguer is using the bandwagon... See more

“The pendulum of investment psychology is constantly fluctuating between optimism and pessimism, between greed and fear, between credulousness and skepticism, between risk tolerance and risk aversion.” -Marks

One of the biggest things holding people back from doing great work is the fear of making something lame. And this fear is not an irrational one.

So for the next couple of years I made a habit, when giving talks, of posing the question to my audience: Which is more valuable, good ideas or good people? When I asked for a show of hands, the audiences would be split 50–50.

People think so little about this that, in all these years, only one person in the audience has ever pointed out the false... See more

A few quotes... “Establishing and maintaining an unconventional investment profile requires acceptance of uncomfortably idiosyncratic portfolios which frequently appear downright imprudent in the eyes of conventional wisdom.” “Memory – and the resulting prudence – always comes out the... See more