The investors who blow up aren't dumb.

They're certain.

Munger spent 60 years building rationality like a muscle, slowly, unevenly, imperfectly. Because in markets, a fury of confidence is worth less than a quiet, honest doubt.

Certainty is expensive. Rationality compounds.

These weekends need to be longer.

Do you think storm photos would be a welcome addition to my content? I’ve shot them before but nothing too serious

I was thinking about setting up near major storm cells and capturing stars/lightning like this in a more polished way

This was captured in 2022 in Arizona.