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Every time I read about the “active vs. passive debate” I can feel my blood pressure go up.
There is no “debate”. The only people perpetuating this myth are those who make a living touting active management and those who don’t know the facts.
This Coach Improved Every Tiny Thing by 1 Percent and Here’s What Happen
The fate of British Cycling changed one day in 2003.
“The older I get the more I realize how many kinds of smart there are. There are a lot of kinds of smart. There are a lot of kinds of stupid, too.”
– Jeff Bezos
To say that “money isn’t everything” is more than a cliché. Studies in the early 1970s demonstrated that a sense of well-being, or happiness, had not increased commensurately with income over the previous half century.1
We tend to base our assessment of risk on emotions (how we feel about it), and then rationalize (or try to) that we have done so using objective data.
Sound like someone we know? .... Check out this video on the Dunning-Kruger Effect
Simplifying your life isn’t about your possessions — it’s about value.
"The Best Things In Life Are Free. The second best things in life are very, very expensive." - Coco Chanel
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