Morgan Housel on Market History and Wild Minds
Motley Fool Money
00:00
Timeless Investment Principles vs. Market Evolution
This chapter explores the contrast between enduring investment principles and the shifting dynamics of markets, using Sears as a cautionary tale. It discusses the importance of adaptability in investment strategies, drawing on concepts from Benjamin Graham's 'The Intelligent Investor,' and emphasizes a balanced approach to success. Additionally, it touches on the philosophical implications of Stoicism in relation to investing, blending optimism with realism in the context of financial decision-making.
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