1. The world's best reading app

    Great articles, no ads. Get started for free.

    Collaborative FundMorgan Housel10/7/205 min
    3 reads2 comments
    10
    Collaborative Fund
    3 reads
    10
    You must read the article before you can post or reply.
    • Florian2 years ago

      That’s an excellent way of looking at it. I like that way of comparing Newton vs Darwin.

    • deephdave
      Top reader of all time
      2 years ago

      He has his fingers in anything that involves people making subjective decisions. In business and investing his guiding principle was summed up by author Maggie Mahar who wrote, “men resist randomness; markets resist prophecy.” He has little tolerance for outliers and no tolerance for fragility.