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For those unwilling to think deeply…

Great lines from Seth Godin:

You might not be willing to devote the time and energy to understand how electricity actually works, or the mechanisms of your democracy, or the insights behind irrational decision making. More likely, you don’t want to expend the emotional labor to push through feeling dumb as you dig deep on your way to getting smart.

That’s always been an option. You can just use the tool without understanding it, copy the leader without realizing where she’s going, follow instructions without questioning them.

You can choose to be a cog in a machine you don’t understand.

If that’s working for you, no need to change it.

It made me ponder: trust the Fed, trust buy and hold, etc. If it’s working for you, no need to change it.

Tails

Tails

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Posted in Economics, Psychology, Trend Following
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