Is It Hard to Look Right?

It's hard to consistently make decisions that factor in all the relevant facts and considerations. Even well founded decisions that eventually turn out to be right are unlikely to do so promptly. Bull markets can go on for ears, as lord canes observed. The market can remain irrational longer than you can remain solvent. In order to be a superior investor, you need the strength to diverge from the herd,. stand by your convictions and maintain positions until events prove them right.