conversation with a typical investor.

if you had bought infosys back in 1996, you could have made a 1000x return.

life changing.

nope.

back then there were much better companies to invest in, infosys wouldn’t be your first and only pick.

hindsight is perfect.

you can theoretically go back in time and make a case for any argument with the benefit of already knowing what’s going to happen.

it’s a bias that affects all of us.

i knew india will win the world cup? (after the world cup)

i always knew they would break up (after the break up)

i always knew bitcoin would explode (after it has exploded)

you get the drift.

fin.