“Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio”
— Nassim Nicholas Taleb
Simplified Meaning:
Instead of asking people what they think will happen or what they think you should do, ask what they have actually chosen to invest in or avoid. This shows their true beliefs and actions.
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Decision making Financial strategy Independent thinking Investment advice Market analysis Personal finance Portfolio management Risk management Stock market Wealth managementFEATURED QUOTES