While playing catch-up with an acquaintance today, there was a story that left an impression on me.
While playing catch-up with an acquaintance today, there was a story that left an impression on me. "Look at investment not as a means to increase the upside of your life, but as a means to increase the downside." When most people make an investment, they first think about ‘how much money they can make.’ Like making a lot of money, rising in status, or earning higher profits. Ultimately, the standard for investment becomes ‘upside’. The problem is that there is no end to the upside. Higher profits are expected, and greed continues to grow. Even though you have made enough profits, it is als…
The excerpt is quoted from a public Telegram channel, which owns its text.