"La verdadera prueba en la inversión no es la capacidad de decir quién estará a favor en el futuro o qué funcionará mejor Es la capacidad de decir que cuando nadie más esté realmente dispuesto a comprar"
— Howard S. Marks
Simplified Meaning:
Imagine you have two friends. One only buys popular things, like the hottest new toy or fashion trend. The other friend looks for value in things that others are ignoring, like a classic toy in good shape at a garage sale. Investing is a lot like this. It's easy to go with the crowd and buy what everyone else is buying, thinking it will keep going up in value. But smart investing often means buying something when nobody else seems interested in it. This might be challenging because it feels risky and uncertain, but it can lead to bigger rewards later when the value gets recognized and rises. So, instead of following what everyone else is doing, look for hidden gems that are currently undervalued. This principle can be applied to many areas in life, not just investing. For example, you might choose a career path that isn't trendy but has the potential to grow in the future.
