Invest Like the Best with Patrick O'Shaughnessy

Jason Zweig – The Power of Serendipity - [Invest Like the Best, EP.03]

73 snips
Sep 27, 2016
Jason Zweig ranges from teaching kids about money and finding books to market skepticism, investing fees, and the limits of financial data. He shares stories of generous mentors, explains how to make room for serendipity, and describes a daily habit for nudging himself into new experiences.
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ADVICE

Daily Tools: Think Critically And Stay Disciplined

  • Practice critical thinking daily by questioning and annotating what you read with a pen or notes.
  • Exercise self-control to avoid overreacting and keep a long-term perspective in investing and life.
ADVICE

Use Physical Reading And Marginalia

  • Read in physical form and annotate with a red pen to engage actively with material.
  • Write marginalia and 'talk back' to what you read to strengthen understanding and skepticism.
INSIGHT

Learn Critical Thinking From Minds In The Wild

  • Reading brilliant minds in their natural setting reveals how critical thinking operates in practice.
  • Richard Feynman's investigative skepticism showed Zweig how to spot industry groupthink.
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