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Dan McMurtrie — On Markets and Policy (EP.115)
Infinite Loops
Investing Is About Understanding Other People's Mistakes
I do think there's, i don't know if it's mean, but i do think the lot of investing is about understanding other people's mistakes. If you just want to put your hands up and your goin to get a pretty damned good result relative to most people, you're probably ging to be sixtiest or seventieth per centile. And so most people who want to pick socks, i'm teling them like, sure, pick socks, but only do it with ten % of your money. Put everything else and something else.
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