“Long-term investment success is ultimately determined by the ability to ignore external ‘noises’ and concentrate on the issue of buying good businesses.”
~ Michael Lee-Chin
Probabilities vs. consequences
July 22, 2022
“On many occasions I have had people say things to me that are based on probabilities, not on consequences. And when the stakes are high, that might be the wrong way to look at things.”
Smart Money_ Probabilities vs. consequences – Alaska Highway News
Posted in All Columns, Insurance Columns
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