So much of what matters in investing – this is true for a lot of things in life – is how you manage the psychology of uncertainty. The problem with looking back with hindsight is that nothing is uncertain. You think no one had anything to worry about, because most of what they were worrying about eventually came to pass.
“We haven’t seen a massive drop in student knowledge, but we have seen a drop in student discussion,” said Bowry. “And without discussion, there’s no deep understanding.”
Honeybees exhibit random exploratory behavior when foraging for nectar and pollen, and so do bats that forage for fruits. Plants disperse their seeds through the wind in random patterns. This randomness increases the likelihood that seeds will land in a suitable environment for germination and growth. Our own genes continue to mutate randomly,... See more