Jan

28

 One of my favorite lines in a philosophical novel (Sophie's World) is "Why is Lego one of the most ingenious toy in the world?" My thoughts are that it is timeless, creative beyond imagination, durable, ageless (adults can play too), and global. Stocks are I feel parallel in that they too have to be one of the most "ingenious speculative toys in the world". What are some of the reasons for you? Many are the same for me as for Legos. 

V. Katsenelson adds:

This is what I wrote awhile back about why I love investing: I love everything about it:

The uncertainty of every decision. The intellectual exercise of putting different pieces of the puzzle together while never having enough information at your disposal. The constant battle with one's emotions, the hardest and the most important battle of all. The never-ending pursuit of perfection despite its unattainability, how just when you think you have figured it out, the market has a new lesson in store for you. The humbling aspect of the market, arguably the most humbling mechanism ever invented by humans. The people, the debate, the search for the truth. The fact that for every trade there are two opposing sides (buyer and seller), and time is the variable that separates them from discovering who was right and who was wrong. And finally, the hidden, rarely recognized, but fascinating impact that randomness plays in many outcomes.


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