““This is unsurprising. The history of the world is the history of people investing in dying trends to follow the crowd, whereas the people looking forwards and developing rarer skills and abilities get ahead. This is easy enough to see in investing and business – you don’t want to be in an aggressive commoditized space with no differentiation, and you don’t want to buy the asset class that’s overpriced because everyone else invests in it without checking the fundamentals.””
