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The Best Investment You Can Make Is an Investment in Yourself

Stansberry Investor Hour

CHAPTER

The Fundamental Principles of Stoicism for Value Investors

Stoicism teaches us to focus on what we can control, which is our reaction to things as they unfold. We cannot control the events, but we can control our reaction to them. This is a great mental model to follow for an investor. And investing, at the end of the day, dan is a probabilistic activity,. Even after following a good process, yo, the outcome will not be favorable. Similarly, after following a bad process, due to dumluck, the outcomes will be favorable.

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