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No, no, no

If you're already on the right path, then doing nothing or doing very little is the best course of (in)action

Long-term investing: Why doing nothing is the best strategyAnand Kumar

हिंदी में भी पढ़ें read-in-hindi

The other day, someone on my software team pointed me to this YouTube short from a 'techfluencer', albeit one who talks not about tech gizmos but about software development. Here's what the man said, "This is my strongest stance on software engineering: you don't need a lot of management. What you actually need is to have a group of people that simply say no. No, you can't use this framework. No, you can't introduce more abstraction. No, stop trying to create our own brand-new spanking protocol. Like, that's it. And I think all software engineering would just be a success." Suggested read: Let's be boring This has the requisite amount of online hyperbole but a large kernel of truth and one that's true of many fields. I can personally vouch for this being absolutely true for investing. Beyond the basics, the less you do, the less you try, the better off you are. This is the opposite of what is true for most areas of life. If you Google the phrase "bias for action," one of the first results is this: A bias for action is one of the most


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