“I describe my forecasting model as “good enough.” I’m confident people will solve problems and become more productive over time. I’m confident markets will allocate the rewards of that productivity to investors over time. I’m confident in other people’s overconfidence, so I know there will be mistakes and accidents and booms and busts along the way. It’s not detailed, but it’s good enough.”
―
Same as Ever: A Guide to What Never Changes
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Same as Ever: A Guide to What Never Changes
by
Morgan Housel21,806 ratings, average rating, 1,842 reviews
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