Being Wrong is the title of a book written by Kathryn Schulz. The book was recommended to me by someone I respect, so I bought it, read the first few chapters, and put it down. Wasn’t a fan of the prose. What do I know? The book sold a lot more than any book I ever wrote, and she’s written a bunch of stuff for the New Yorker, so I’m just an ape. Anyway, if I duplicate or plagiarize anything she wrote, it is purely unintentional.
I have no problem with people making mistakes. What annoys and offends me is when they try to cover them up and pretend that they never said or did what later turned out to be a mistake.
As they said about Watergate, it wasn't the crime that brought down Nixon, it was the coverup. When people try to re-write history to make themselves look better than they are, they lose credibility, at least with me.
I am still trying to figured out how can I improve my investment process out of different opinions from bigleaguers in the finance world, whether they are traders or researchers, or both. Thanks for your newsletter Jared.
Great post!
I have no problem with people making mistakes. What annoys and offends me is when they try to cover them up and pretend that they never said or did what later turned out to be a mistake.
As they said about Watergate, it wasn't the crime that brought down Nixon, it was the coverup. When people try to re-write history to make themselves look better than they are, they lose credibility, at least with me.
I think this is spot on and the telling comment is that discussion is stifled for no good reason, and that is the harm to us all.
I am a 'newbie' with Jared. Super insightful, entertaining, clever, funny bundled into a piece of art. Thank you for sharing, and sharing.
What a great post.
I am still trying to figured out how can I improve my investment process out of different opinions from bigleaguers in the finance world, whether they are traders or researchers, or both. Thanks for your newsletter Jared.
Jose Sucre