The speculator George Soros, when making a financial bet, keeps looking for instances that would prove his initial theory wrong. This, perhaps, is true self-confidence: the ability to look at the world without the need to find signs that stroke one's ego.
Nassim Nicholas Taleb, The Black Swan
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1 comment:
Couldn't agree more. Usually in setting up my trades, I look for reasons NOT to take up any position. I learn the hard way that emotions is our biggest enemy in trading, and we tend to look for the good signs when we think we found a good stock.
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