“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle”
? Sun Tzu, The Art of War
Very interesting video about an investor (Zeke Ashton) who openly acknowledges that he is NOT a “home run” investor (like Michael Burry). Seems a good reminder that it is equally important to know who/what you ARE not, as much as who/what you are:
Zeke Ashton on Michael Burry below
Via LST