Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have - or don't have - in their portfolio.
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This quote from Nassim Nicholas Taleb's "Antifragile" succinctly captures a critical insight into the value of information and the reliability of expertise. In many cases, opinions, forecasts, and recommendations are often subjective and prone to biases or influenced by external incentives. By focusing instead on what someone has actually invested in or the positions they hold, one gains a pragmatic and transparent insight into where their true convictions lie. This approach...
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