In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility.
I was walking around legally blind. Now I have 20-20 vision. I can't believe I spent so many years blurry, but I think that coincides with how I was feeling. Now I notice if people are watching me, but I also smile right back if someone waves, which helps.
My goal is I want to create the 20-20-20 club: 20 sacks, 20 tackles for loss, 20 batted balls.
Diversify. But carve out 10 to 20 percent for the most unloved part of the market: emerging markets value.
Reality looks much more obvious in hindsight than in foresight. People who experience hindsight bias misapply current hindsight to past foresight. They perceive events that occurred to have been more predictable before the fact than was actually the case.
The psychiatric ward was a really creepy place and, hindsight being 20/20, the creepiest thing about it was that I truly belonged there.
When you look back on anything in life, hindsight being 20/20, some things you'd like to have done a little differently.
Hindsight is always 20/20, but I imagine a lot of married and divorced people have insights to share about how they felt during their engagement.
Most of what we know about human life we know from asking people to remember the past, and as we know, hindsight is anything but 20/20. We forget vast amounts of what happens to us in life, and sometimes memory is downright creative.
Hindsight is 20/20, but the moral of the writing for me is that when you're feeling very scared and nervous about something and you're fairly convinced that it could be a massive disaster, that's exactly the idea that you should do.
As value investors, our business is to buy bargains that financial market theory says do not exist. We've delivered great returns to our clients for a quarter century-a dollar invested at inception in our largest fund is now worth over 94 dollars, a 20% net compound return. We have achieved this not by incurring high risk as financial theory would suggest, but by deliberately avoiding or hedging the risks that we identified.
Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands. By having confidence in their own analysis and judgement, they respond to market forces not with blind emotion but with calculated reason. Successful investors, for example, demonstrate caution in frothy markets and steadfast conviction in panicky ones. Indeed, the very way an investor views the market and it’s price fluctuations is a key factor in his or her ultimate investment success or failure.
You can't help but... with 20/20 hindsight, go back and say, 'Look, had we done something different, we probably wouldn't be facing what we are facing today.'
Hindsight is, of course, 20/20. Any time you go back, and you look at something, and now you've got the result of something, you say, 'Yeah, maybe it wasn't the right idea.'
I would be hard-pressed to look back at anything that I have done in my career and not say, "I would have done that a little different" because hindsight is 20/20.
'Balls of Fury' was a 45-day shoot when it probably - hindsight being 20/20 - probably should've been a 75-day shoot with all the ping-pong action.
It's very easy for some men and in some cases women to sit back and say with 20-20 hindsight, "Tsk-tsk, should have done more." But it doesn't account for the reality.