Conspicuous
allows you to justify yourself. Something you can count. In a world that is
complex, ambiguous, and random, having a cause for every effect gives you
something to hold on to. An explanation. This inhibits foundational investing.
A need to prove swamps the need to build. It makes ego and confidence our
primary focus. The most powerful investment forces are time and compounding.
The time frames we think in are too short. This means the real impact of what
you do is only felt after you are gone. Unless you live hand-to-mouth. Then
what you do is felt now. That is the problem. You need a genuine sense of
ownership to be willing to reinvest rather than consume. For that to become a
habit, until the amount reinvested makes the amount consumed a rounding error. Until
you are a custodian. What you see is not all there is. Don’t prove. Build.
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