A Gift to My Children
A Father's Lessons for Life and Investing
Chapter One
Swim Your Own Races: Do Not Let Others Do Your Thinking for You
Rely on your own intelligence.
There are going to be moments in life when you must make very important decisions. You will find many people ready to offer you advice if you ask for it (and even if you don’t), but always remember that the life you lead is yours and nobody else’s. It’s important to decide for yourself what’s important to you and what you want before you turn to others. Because while there will be times when outside advice proves wise, there will be at least as many times when it proves utterly useless. The only way to really evaluate other folks’ advice is to first learn everything that you can about whatever challenge you are facing. Once you’ve done that, in most cases you should be able to make an informed decision on your own anyway.
You were born with the ability to decide what is and what isn’t in your best interest. Most of the time, you will make the right decision and take the appropriate actions, and in thinking for y ...
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