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" ... I believe that Howard Marks is 100% right that investors need to continue to evolve and to improve their craft rather than to blindly rely on dogma or simple formulas. How you should evolve your investing is not a function of how I or Howard Marks do it, but it should be based on your own strengths, weaknesses, circumstances and circle of competence. Learn from others, but don’t worry about whether where you come out as an investor is the same or different than where they do. Think from first principles, and if you aren’t reasonably sure of something in investing, wait for something better. It will come. ... "
" ... Too much of a good thing can be bad. I think investment diversification falls into that camp. The concept of diversification originated with some very good research done in the 1940s but over time, it became investment dogma. Clearly, a line exists between sensibly spreading your funds among enough investments to avoid a financial disaster and diversifying with such fervor that you end up owning too many investments with little or no benefit. ... "
" ... True to form, capitalism has found a way to profit from this ideological warfare. Neo-intellectualist dogma and uninformed “green values” have infiltrated our zombie-like shopping culture. Most consumers don’t know or care where their guilt-free burger, grass-fed steak, free-range egg or cashew milk came from. Many well-intentioned and often highly educated people frequently “go organic” without even understanding what organic really means or that having an “organic” label does not necessarily mean that a product is more environmentally sustainable or more nutritious than conventional produce. ... "
" ... While Barrett’s character hasn’t yet been the focus of this Senate confirmation process, top-ranking Democratic member of the committee Sen. Dianne Feinstein (D-Calif.) told Barrett “dogma lives loudly within you” during her confirmation hearing in 2017 to the U.S. 7th Circuit Court of Appeals. Supporters have used this to suggest the left will unjustly judge Barrett on her faith. Additionally, Republicans have on multiple occasions during Monday’s hearing referenced the 2018 confirmation hearings for Justice Brett Kavanaugh, who at the time faced a harsh character prosecution from Democrats about accusations of sexual assault from Dr. Christine Blasey Ford. ... "
" ... While the fresh capital has fueled Gobble’s rapid expansion to 44 states, Garg is still committed to learning. She has established “Dinner in Progress” as an official company department that requires all Gobble executives to conduct weekly home visits in cities across the country because “nothing is dogma and everything should be continually improved.” ... "