"These data points made me think about an important piece of advice that a well respected hedge fund manager once told me — most of your financial returns will come from the markets you select to invest in, rather than the actual securities you decide to hold. Another way to think about it is through … Continue reading Over the Long Term: Good Market > Good Team
Tag: investing
Play Your Own Game
1. Judge less.At least half the people doing things with money that you disagree with are playing a different game than you are. You probably look just as crazy in their eyes.2. Figure out what game you're playing, then play it (and only it).So few investors do this. Maybe they have a vague idea of … Continue reading Play Your Own Game
