Probability, Potential, and Rumination
It is easier to admire the recognized underdog, but difficult to believe in the unrecognized underdog, to bet on the unrecognized underdog. It is the same with stock-picking. If you recognize the stock’s potential when it is widely unrecognized, bet on it, hold on to it, then you will make money. If you bet on it after it is recognized, then you will not make money. It is the same with hiring people, easier to bet on people with certificates, but difficult to bet on people with skills and no paper to prove. With proof, you have something to blame if people don’t perform. So, you bet on the top-dog. And it is the same with love. It is easier to love the perfect, but difficult to love the broken, imperfect, less shiny. People like people for how they look; And then they leave them for who they are. People rarely like people for who they are, and leave them for how they look. A broken inside cannot be fixed by a shiny outside. To bet on the relationship, to tr...