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I think there's a lot of conformity bias in investing and in life generally. If you look at most investment committees, most investment letters, most investment frameworks, they look the same. And I think that there's a reason for that — it's career protection. If you're wrong and you're wrong the way everyone else is wrong, then you're not singled out.

Invest Like the Best with Patrick O'Shaughnessy
1w ago

Underscored — save the words that stop you in your tracks.

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