To make better decisions, we must accept that predicting…
To make better decisions, we must accept that predicting the future with any degree of accuracy is going to be nigh on impossible. And we need to turn our attention from gazing at crystal balls to studying the past. We need to learn everything we possibly can about how markets work and how different strategies have performed from the rich datasets generated by financial markets.
— from The Instruments (Awareness/Perception/Expectations) · Humble Investor: How to Find a Winning Edge in a Surprising World by Daniel Rasmussen
Also belongs to
- Expanding Your Range (Growth/Change/Education/Learning/Habit)
- Decisions & Choices (Decision/Choice/Focus/Forethought/Consequences)