FYI: “Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.”
There is a lot of truth to this John Maynard Keynes quote, at least when it comes to the world of investing. To succeed unconventionally in the market, you have to be on the opposite side of the trade. And by opposite side, I mean the side that most people don’t think can happen, let alone will happen. But opportunities like these, one where everyone is on the side of the boat that’s about to capsize, are few and far between.
Regards,
Ted
https://theirrelevantinvestor.com/2019/09/26/re-examining-worldly-wisdom/
