Source: Cnes2021, Distribution Airbus DS
There are these two young fish swimming along and they happen to meet an older fish swimming the other way, who nods at them and says “Morning, boys. How’s the water?” And the two young fish swim on for a bit, and then eventually one of them looks over at the other and goes “What the hell is water?”David Foster Wallace, in 2005 Commencement Address to Kenyon College
There is a funny thing I’ve noticed about telling that David Foster Wallace story: I am convinced at this point that everyone who hears it imagines themselves as the older fish.
Especially investment professionals who hear the story.
Don’t get me wrong. If there is one thing more ironic than believing you are the older fish in the David Foster Wallace story,Read More »