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Morgan Housel — The Best Story Wins (EP.100)
Infinite Loops
Is There a Price to Success in the Stock Market?
Sally Kohn: Human beings are uniquely able to learn from the experience of others, but incredibly disinclined to do so. I think 80 % of society wants and needs good advice. And if you can push in the right direction, point them in theright direction, and she'll make hay. She says what matters in investing is how you behave during that one percent of the time when the market is either going crazy up or crazy down. The difference between learning during a bull market versus experiencing a bear market "is night and day," he said.
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