Outcomes matter, but not as much as the process

Letter # 68, 28th December 2021

Kicking off the last week of the year with a question in Jigar Mistry’s article @EconomicTimes today: Let’s say we sent you a prediction at start of the every month for CY2021. And say we got all 12 predictions right. Not just right, exactly right. Would you then invest in my fund?

Let me answer that for you; just basis this information, you most certainly should NOT.

A simple trick that we used to get all 12 predictions right shows how processes are more important than outcomes. To read, click here: investing: Don’t just go after returns while choosing funds; it’s process that wins ultimately – The Economic Times (indiatimes.com)