Valuation = 30% Price (LT)
How can people make a career out of something they cannot objectively explain?
Every day, things happen, and their clients ask what they think; then they scramble to explain causality.
I don’t like lying to myself, and neither should you.
If you’re objective enough to understand that valuation accounts for, at most, 30% of price, that means 70% falls outside your core competencies—and you’re a professional?
Imagine if engineers got this level of flexibility—we’d have tumbling buildings all the time!
That’s just crazy to me and to the realm of fiduciary responsibilities.
Stop gaslighting and retire—LMAO.
There are people objectively better than you—and if you don’t see it, that’s fine too.
The more mediocre the environment, the better for me.