Thin Line Between Stupid & Genius

“The only way to generate outstanding returns is to be right and non-consensus. That’s hard to do because you only know you’re non-consensus when you make the investment. You don’t know if you’re right.”

In this case, “outstanding returns” is not just applicable to venture capital investments, but also to science, art, sports, music– anywhere beliefs have been entrenched for generations and our assumption of how things should go are quiet, tacit, and unconscious.

From the Wealthfront blog

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