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The past can’t predict the future but….
The investment world spends much time poring over data in an attempt to predict future investment returns. But, as we know, the future is entirely unpredictable – there are no facts about it. However human nature is quite persistent, how we react as group – “the...
Don’t be stupid
Charlie Munger said: ““It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” Straight from the mouth of one of the most successful investors of all time. Avoid being...