At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs his pal, Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch-22 over its whole history.
Heller responds,“Yes, but I have something he will never have — ENOUGH.”
For many, I guess we will never feel that we have enough… When we have losses, we feel pain. We envy those that made gains. When we made gains, we envy those that made more gains…
I guess I have been pushing back writing a post for some time. I also do not intend to make a Game Plan this year. After what happened in 2020, it kind of make me reflect on how fast things can change and how nimble we need to be as investors, despite my long...