And just kind of hear you talk about them through your lens.

And the first one that comes to mind is this thing, process over outcome.

Tell me why this is important when it comes to investing.

So my friend Annie Duke is a poker player, and she's written a great book called Thinking and Betts. And she refers to this as

resulting. You know, we all the time, we sort of work backwards from the results or the outcomes of

something and decide post hoc whether or not it was a good decision. Being a good investor means you have to work in the in the

opposite direction. You need to you need to follow a process. So you know your man Kierkegaard said

something to the effect of you know life must life can only be understood looking backwards,

but it must be looked, lived you, moving forward. Right. And so

that's what we have to understand. So we, we have to do the, do the right thing, follow the

right process, even though it's not going to always end in the outcome that we want. I shared a,

I shared a tweet this week week there was a gentleman in

Italy I believe he put a hundred thousand dollars he was playing craps he put a hundred

thousand dollars on whatever it was I don't I don't gamble so you know red 25 or whatever it was

and it and it hit or sorry rou was. And it hit, or sorry, roulette rather, and it hit.

And so he won three and a half million dollars on his $100,000 bet.

So you look at that and go, did that guy make a good decision?

You ask the average person, did this guy make a good decision?

And the average person on the street will

say, yeah, like, yeah, that's a great decision because he, you know, he won three million,

three and a half million dollars on this. The behavioral investor understands that you can get the

right outcome and still be a moron. Like that guy is still an idiot, even though he won, right?

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