If we assume the point of investing is ultimately to improve your quality of life and the quality of life of those you most care about, investments that consistently add stress over long periods of time probably don’t make sense. Money is traded for things or experiences that catalyze certain feelings. If your investments are generating the opposite spectrum of feelings, it might be time to reassess.
It’s easy to miss the forest for the trees. Money is a means, not an end.
And in the end, most things matter very, very little. Do what helps you sleep at night and wake up with a low heart rate. To me, those are the hallmarks of a world-class investor who gets the big picture.
“What would this look like if it were easy?”
If I feel stressed, stretched thin, or overwhelmed, it’s usually because I’m overcomplicating something or failing to take the simple/easy path because I feel I should be trying “harder” (old habits die hard).
Not long ago it was generally thought:
1) Animals don’t have emotions.
2) Addiction is a lack of willpower.
3) Psychedelics make people crazy*.
Remarkable that modern data point to the opposite.
The lesson: test existing beliefs.
*Psychedelics of course can carry risks.