12min chapter

The Education of a Value Investor cover image

Morgan Housel – Selfish Writing, Fiction vs. Nonfiction, Methods for Connecting Ideas

The Education of a Value Investor

CHAPTER

Challenging Perceptions and Pursuing Knowledge

The chapter delves into the pitfalls of only hearing success stories, emphasizing the need to consider unseen negative experiences and skewed sample sizes. It discusses issues like confirmation bias, misinformation, inadequate research sample sizes, and the replication crisis in social science, shaping individuals' perspectives. The conversation shifts to the pursuit of knowledge through reading, understanding power and history, and finding individual aspirations without blindly imitating successful figures.

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