Primeiramente peço desculpas pelo texto em inglês. Quem tiver interesse e paciência, segue o link completo:
Investing: The Greatest Show On Earth · Collaborative FundDestaco alguns trechos que acredito que faz sentido a tudo que se compartilha aqui na bastter.
O autor basicamente tira exemplos da natureza e da medicina para explicar conceitos relacionados aos investimentos, e de como as pessoas complicam o que é relativamente simples, mas a simplicidade não vende e não chama a atenção.
"Most young tree saplings spend their early decades under the shade of their mother’s canopy. Limited sunlight means they grow slowly. Slow growth leads to dense, hard wood. But something interesting happens if you plant a tree in an open field: free from the shade of bigger trees, the sapling gorges on sunlight and grows fast. Fast growth leads to soft, airy wood that didn’t have time to densify. And soft, airy wood is a breeding ground for fungus, disease, and ultimately a short life. “A tree that grows quickly rots quickly and therefore never has a chance to grow old,” forester Peter Wohlleben writes.
Which is exactly how it works in business and investing, isn’t it?
There’s a graveyard of companies and investors who tried to grow too fast, attempting to reap a decade’s worth of rewards in a year or less, learning the hard way that capitalism doesn’t like it when you try to use a cheat code. Chamath once put it: “The faster you build it, that is the half life. It will get destroyed in the same amount of time.”
(...)
MIT cancer researcher Robert Weinberg once described it:
If you don’t get cancer, you’re not going to die from it. That’s a simple truth that we sometimes overlook because it’s intellectually not very stimulating and exciting.
Persuading somebody to quit smoking is a psychological exercise. It has nothing to do with molecules and genes and cells, and so people like me are essentially uninterested in it – in spite of the fact that stopping people from smoking will have vastly more effect on cancer mortality than anything I could hope to do in my own lifetime.
Breakthrough drugs are amazing, and we should cheer them. But few things are as effective at fighting lung cancer as the boring advice of telling people to quit smoking.
And the same irony hurts investors, doesn’t it?
The solution to 90% of financial problems is “save more money and be more patient.” Nothing is more powerful or more capable of moving the needle. But it’s so boring. It makes you sound like a kindergartener.
Smart people don’t want to devote their careers to it. They want derivatives, high-frequency trading, offshore tax shelters and The Lightning Round.
In both cancer and investing, things that are boring but effective are discounted relative to things that are exciting but knowingly less effective."
