The Importance of Investing in Institutions

I had a friend, I actually know him in the real world now, but I knew him for years as an email friend from starting in my NR days. He's this sort of self taught expert on Michael Oakshot and he has been pestering me to fight for the incorporation of his thought into more of American conservatives at home. But anyway, none of that is relevant to this except for that he sent me a note after this life for life portfolio G file where he made the really interesting point. The worst thing you can do is constantly check your portfolio every single day because you will overestimate the losses and underestimate the gains.