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A senior with top-tier asset management once candidly told me after drinking: in the investment profession, you need to learn to "lie flat."
I have pondered the two words "lying flat" for three years, with both doubts and reverence.
During the process of selecting products, "lying flat" and only engaging with assets within the scope of one's understanding.
"Lying flat" during the holding process, patience can shape excess returns.
"Lying flat" after the calm of profit, arrogance breeds cognitive dissonance.
So, have you "lie flat"? 🧠🐁
Simplify complexity, the great way is not far.