Network FP Thinktank is an Online Professional Journal by Network FP wherein we share the articles written by top-class financial advisors and industry thought leaders from across India and the world.
The Present is the Future of the Past
Morgan Housel
Partner, The Collaborative Fund
November 15, 2019
Reading Time: 3 minutes While talking about a lot of things, we talk about not getting lost in the details and focusing on the bigger picture. For example, the market climbs 500 points in a day, and we try to shift focus from the short term euphoria to the actual events/sentiments that triggered this spike. No imagine that these actual events are in fact the smaller details of an even bigger picture. A picture to see which we need a fundamental step back in our thinking. Our team stumbled across a wonderful piece by Morgan Housel that talks about what caused these events that in turn cause changes in our society and economy and shape it. What are the super-macro factors that make the world that we live in today, what it is. While this is not a hardcore finance article, it is sure to open up our minds and encourage a more analytical way of thinking and reasoning. Read on this abridged piece and if you do find it engrossing, view the original article through the link at the end of this post.
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