There
is seldom a good reason to rush. My Father-in-law is a Natural Beekeeper. One of
those seemingly crazy people who can move a swarm of thousands of bees with his
bare hands, and only get a few stings. Except he calls them kisses. I am
learning a lot about investing from his approach to bees. Howard Marks says, “When
there is nothing particularly clever to do, the potential pitfall lies in insisting
on being clever”. When we rush, we feel obliged to make a decision. I don’t
think you should make big decisions when you are hungry, angry, or stuck in a
corner. I am not promoting cold, calm calculation in every situation. Emotions
should be listened to. But we should be aware of the environment in which we
make decisions, and whether they are reactions or conscious choices. Sometimes
the answer is not to “do” anything.
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