When a satisfactory answer to a hard question is not found quickly, our mind tends to imagine a related question that is easier and constructs an answer for it. This processes, answering one question in place of another, is mostly involuntary and known as substitution principle. It’s better to stay mired in a genuine confusion than to bask in the comfort of a false conclusion.
Let me ask you a simple question – How happy are you these days?
This content is reserved for Mastermind Members. To access, please login below with your membership credentials.
If you are not a member, please consider joining the Mastermind Membership to access my most comprehensive value investing course, plus practical, time-tested ideas in investing, human behaviour, business analysis, and decision making, and get onto the path of becoming a better version of yourself.