Marketing guru Seth Godin defines a worldview as a person’s biases, beliefs and values. We each carry along with us our unique worldview. Our worldview determines how we interact with the world around us. It determines what ideas we choose to pay attention to and which ideas we choose to reject. Our worldview determines how we invest. I promised to share some last week, so here goes. Here are the worldviews which I hold dear. Investing is a sport. Retail investors are amateurs who are largely disadvantaged against the professionals. In the very first article I wrote for BigFatPurse.com, slightly more than two years ago, I wrote about playing tennis with Roger Federer.

As with all sporting endeavours, the more I train, the better I will become. If I am not prepared, the only outcome will be one of total decimation in the arena. Yet it never fails to ...

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