This would suggest that the best investment strategies come…

This would suggest that the best investment strategies come not from feats of brilliance, insight, or clairvoyance, but rather from embracing just how little we know about the future, and then capitalizing on the tendency of others to overestimate their own foresight. I call it betting against hubris.

— from The Flight Plan (Purpose/Wisdom/Risk) · Humble Investor: How to Find a Winning Edge in a Surprising World by Daniel Rasmussen

Also belongs to

• The Mind in the Cockpit
• Decisions & Choices (Decision/Choice/Focus/Forethought/Consequences)

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