Greenblatt. “How can you invest intelligently if you can’t figure out what something is worth?”* He adds that “most people should just index” because “they don’t understand what they’re doing.” I don’t have the technical skills, patience, or interest to value businesses. So it makes sense for me to outsource the job to professionals who are better equipped for the task. This self-restraint should save me a lot of pain. As Greenblatt observes in The Little Book That Beats the Market, “Choosing individual stocks without any idea of what you’re looking for is like running through a dynamite
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