The More You Need Specific Elements of a Plan to Be True, the More Fragile Your Financial Life

Even though he's talking specifically about investing, i think he makes a good case, indirectly, for accumulating. He says the more you need specific elements of a plan to be true, the more fragile your financial life becomes. If you were to decide, i don't want to passively invest in a broadly diversified index fund,. Instead, i'm going to just choose energy sector and real estate. So now, y you're building in more specific things that would need to be right in order for things to go their way.