On a roll amid the uncertainty
The stock pickers on social media sites I follow were mysteriously quiet in early August. Late August is reporting season when most ASX-listed stocks publish their numbers and I’m confident a multitude of “after-the-fact” experts will emerge wondering how everyone else could have been so dumb to not have anticipated whatever now seems obvious with perfect hindsight. But for me winning the long-term investment game is far more important than being “right” about a particular short-term number or issue.
Nobel prize-winning physicist Richard Feynman was a maverick who understood the world deeply from first principles. He once said: “I have approximate answers and possible beliefs and different degrees of certainty about different things, but I’m not absolutely sure of
