Alex Say 🇵🇭 retweetledi

Ordinary actions in extraordinary times sets outliers apart.
The 2008 financial crisis is a perfect example. Warren Buffett didn't have some brilliant insight that others missed. He just continued to do what he had always done: buy quality companies when they were on sale.
Everyone intellectually knew this was the "right" move. Everyone knew it was what they "should" do. But when faced with uncertainty, they couldn't do it. They froze.
The psychology is fascinating: Under stress, we abandon what we know works.
In chaos, the steady hand wins the game.
English
























