History is the mirror image of investing. In investing, we face countless possible futures and try to guess which one will become real. In history, we only see what did happen—but never the futures that almost did. Studying history sharpens our sense of how reality takes shape, how certain possibilities collapse while others survive. It trains the mind not to predict, but to understand how things unfold—and that’s the real edge in investing.
Power-Law Mindset. Mindset is everything, it’s all-encompassing! If you dare to think exponentially, it will transform every result. Exponential Mindset is the way to go!
Love your history - analogies!
History is the mirror image of investing. In investing, we face countless possible futures and try to guess which one will become real. In history, we only see what did happen—but never the futures that almost did. Studying history sharpens our sense of how reality takes shape, how certain possibilities collapse while others survive. It trains the mind not to predict, but to understand how things unfold—and that’s the real edge in investing.
Power-Law Mindset. Mindset is everything, it’s all-encompassing! If you dare to think exponentially, it will transform every result. Exponential Mindset is the way to go!
Really great read. Love links to economic history and lessons for the present day
Thanks Contrarian Investor Media!
Brutal como siempre
Excelente artículo Guillermo, que mente tan brillante es la de Elon Musk