Our readingWhat is a korrent?
There is no average year in the stock market; the long-run average only shows up over a very long horizon.
Drawn from what Ben Carlson said
What these subjects mean
stock market Equities as a whole: what returns have been, whether prices carry information, and what attention does to them.
investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.
Mental modelsThe map is not the territory, Play long games
In the views oninvestingunder our view: A portfolio is something to be held through a cycle, not predicted On the topicWhich mental models help you think better?under our view: The map is not the territory: every model leaves things out