As always very interesting and I seem to think similarly to you although been also trying to develop thinking of having more flexibility and rigidity simultaneously depending how things are developing both short and long term (if that makes sense)
This was the classic story of André Kostolany, the old speculator from Hungary. He was the greatest story teller, when it comes to investing. He died around 2000, right before the internet bubble bursted.
As always very interesting and I seem to think similarly to you although been also trying to develop thinking of having more flexibility and rigidity simultaneously depending how things are developing both short and long term (if that makes sense)
I totally get it. Investing is predicated on having a rules based approach and then knowing when you ignore your rules!
This was the classic story of André Kostolany, the old speculator from Hungary. He was the greatest story teller, when it comes to investing. He died around 2000, right before the internet bubble bursted.
Thanks so much for the background! It is a very interesting analogy and very helpful.