Sell Your Cleverness And Buy Bewilderment

Sell Your Cleverness And Buy Bewilderment

Attributed to Runi, the 13th century Sufi mystic and poet, this button reminds me of the buttons “When it looks great it is too late” and “Never doubt what nobody is sure about.” Just as the mystic valued unknowing, or emptiness, so should investors recognize that certainty and hubris (cleverness) typically correlates with elevated prices, while uncertainty (bewilderment) typically correlates with bargains.

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