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Mental Models Can Save Your Life, Absolutely.
The first time that you see a bare market and you actually get greedy, you know that you have done very, very well. If you can keep your head while all those around you are losing theirs, i mean, that's the attitude of doing well. I want to move on a little bit to mental models. I hate the term because everybody's using it now. But ok, we're going to use it. It's become a term of art. And more importantly, everyone knows what we'retalking about when we're talking about metal models. So i got all eglwods can save your life, absolutely. All my listeners know my strategy might not be right for you