May
7
“Above all, the key to success in investing is about taking responsibility for your investments. If things go wrong with your stock, it is not Bernanke’s fault. It is not your broker’s fault. It is not the fault of the guy who gave you the idea on his blog, or as part of his trading system, or the supposedly smart hedge fund manager who you read about who had it in his portfolio. It is yours. You did it. When you internalise this great truth, you will set yourself free. You will realise that you have as much right to an opinion as anyone else about something you have researched and thought hard about. And you will see that working hard to see a truth that others have ignored, putting skin in the game, and reaping the benefit of being right, is one of the great pleasures of life.”
Embracing heresy | Ultimi Barbarorum
