First-level thinking has served investors well over the last decade. Apple is a good company, buy Apple. IBM can’t innovate, avoid.
Second-level thinking is sexy. First-level thinking is underrated.
It’s tempting to over-think things. But often times we end up twisting our brains into a pretzel. For example, this is what an investor’s internal monologue might sound like right now:
I think the economy is …
Second-level thinking is sexy. First-level thinking is underrated.
It’s tempting to over-think things. But often times we end up twisting our brains into a pretzel. For example, this is what an investor’s internal monologue might sound like right now:
I think the economy is …
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