A couple of quick announcements before I begin today’s post.
1. My latest book, The Long Game, is now available for ordering: The book contains reflections from 30 investors who’ve survived decades of market cycles. You’ll learn how to tune out the noise that makes you second-guess yourself, handle the fear and greed that hurt your decisions, and stick to principles that actually compound wealth over time. Click here to get your copy.
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How to Survive the Wrong Turns in Life and Markets
It’s been a few years, but I still remember that day with unusual clarity.
A phone call came in the morning. A cousin of mine had met with an accident. I assumed he was in the hospital, down with a few injuries. That’s how the mind protects itself, by assuming the best.
But the next statement in the call took my breath away.
He didn’t make it.
He was just in his thirties. Riding to work on a regular weekday morning. Same road and same routine. But that day he took a wrong turn. He wasn’t wearing a helmet. Maybe he thought he didn’t need to. It wasn’t a long ride. It never is, until it is.
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