Put your Second order thinking Cap on…Look for out of favour stocks/sectors
Dear Sir, Decision making is not always as easy as it appears. More often than not our decisions for the future are based on the most recent results and the same can be attributed to first-order thinking. Our failure to consider second and third order consequences is what leads to bad decisions. As Ray Dalio (Investor, Hedge fund manager) says, “Never seize on the first available option, no matter how good it seems, before you’ve asked questions and explored.” The…