The Goal in Investing Is to Be Above Average

Investing is a funny activity. It's really incredibly easy to be average. And an average is usually not too bad. Those of us who work in the investment business clearly shouldn't be well paid for producing average resultsd certainly not below average results. But there should be, there can be generous rewards for being above average. That's our goal. That's my goal, to be above average. Now, next paragraph, if you think the same as everybody else, you'll take the same actions as everybody else. So and that, by definition, cannot result in above average results. You have to diverge from the thinking of the herd at some point in time. If you do