........................................with Morgan Housel:
The line between "inspiringly bold" and "foolishly reckless" can be a millimeter thick and only visible with hindsight.
We have brains that prefer easy answers without much appetite for nuance.
. . . financial success is not a hard science. It's a soft skill where how you behave is more important than what you know.
There is no reason to risk what you have and need for what you don't have and don't need.
A plan is only useful if it can survive reality. And a future filled with unknowns is everyone's reality.
Napoleon's definition of a military genius was, "The man who can do the average thing when all those around him are going crazy."
-all snippets from his book, The Psychology of Money
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