Reading 2022-02-07
Metadata
- Ref:: The Swedish Investor | Youtube
- Title:: The Intelligent Investor’s Road to $1,000,000
- Author:: The Swedish Investor
- Year of publication:: 2022
- Category:: Blog
- Topic:: #topic.investment
- Related:: Dunning–Kruger effect| Wikipedia, Idrees Dargahwala
Notes from reading
This inspirational clip visualize how an average person can achieve a financial freedom, without much efforts, just discipline is enough. This situation can only work if you have belief that future will be better than now.
Off topic, two next visuals illustrate the Dunning-Kruger Effect
, which explain a cognitive bias, or a situation when
- unskilled people overestimate their competence and
- skilled people underestimate their abilities relative to the abilities of others (an overly positive assessment of the skills of others)