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Being different is more important than being right from "summary" of The Psychology of Money by Morgan Housel
The idea that being different is more important than being right is a profound concept that challenges our conventional beliefs about success and decision-making. In the world of investing, being right often implies predicting the future with precision, which is a futile exercise. Instead, being different means having a unique approach that sets you apart from the crowd. It means being willing to go against the herd mentality and think independently. In the pursuit of wealth and success, many people are fixated on being right all the time. They believe that success comes from making the correct decisions every time. However, this mindset can be detrimental because it leads to a fear of failure and a reluctance to take risks. On the other hand, being different allows for experimentation and innovation, which are essenti...
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