Chess Playing Dog
Too many times investors are like the man who goes by a window and sees inside -- incredible -- a man playing chess with a dog.
He can't believe it; he thinks he's hallucinating, but he goes back and looks again, and indeed, the dog is really playing chess. So he goes to the man and says, "What a wonderful dog you have. He can play chess!" "Oh, he's not so wonderful," says the man, "In fact, he's pretty stupid. He lost twice."
Investors are hard on themselves that way sometimes: "I lost twice."
Too many times investors are like the man who goes by a window and sees inside -- incredible -- a man playing chess with a dog.
He can't believe it; he thinks he's hallucinating, but he goes back and looks again, and indeed, the dog is really playing chess. So he goes to the man and says, "What a wonderful dog you have. He can play chess!" "Oh, he's not so wonderful," says the man, "In fact, he's pretty stupid. He lost twice."
Investors are hard on themselves that way sometimes: "I lost twice."
Comment