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by SuoDuanDao
2181 days ago
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Funny, I take the opposite conclusion - figuring out a widely held opinion is wrong is not easy, therefore I think we should be slower to condemn people who get contrarian bets wrong. To extend your metaphor, if I invest in a bad company, sure, my finances will suffer. But if it were that easy to tell which companies were bad there'd be no reason to invest at all. People who bet against the crowd and are right are generally considered heroes. I agree there should be a cost to trying to be a hero, but I don't think we currently have enough of them and I'm leery of making it harder to be one. |
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