We’re in Lafayette, Indiana, for a weekend volleyball tournament, and I was reminded of something I read to reframe “failures” as opportunities.
Jen Sincero’s quote, “The only failure is quitting. Everything else is just gathering information,” is great advice.
It reminds us that mistakes are not failures but opportunities to learn and gather information that can be applied in the future.
This is a very analytical approach to life and investing, which is valuable.
The key is to keep learning by continuously gathering new and useful information, even when making mistakes (like continuing to hold a stock like AT&T).
Hope this is a useful thought for you!
Thanks for reading, and be sure to stay tuned for the Sunday portfolio update edition.
~Russ Knopf
