Three insider anthropological reasons we are uncertain awful investors

Evolution made us this way

90% of people who invest in stocks lose money. Yet reading and watching videos about investing online it seems easy to win at it. How can it appear easy to win yet almost everyone loses?

I want to talk about failure in investing. The overwhelming majority of us fail. Understanding the causes of this failure is necessary to prevent it.

Invert, always invert: Turn a situation or problem upside down. Look at it backward. What happens if all our plans go wrong? Where don’t we want to go, and how do you get there? Instead of looking for success, make a list of how to fail instead — through sloth, envy, resentment, self-pity, entitlement, all the mental habits of self-defeat. Avoid these qualities and you will succeed. Tell me where I’m going to die, that is, so I don’t go there. — Charlie Munger

I will share a personal experience where I lost at investing. Starting from this example, we will identify the human anthropological algorithms because of which we are uncertain awful investors.

Losing at crypto before it was cool

Years ago, I bought a little Ethereum. This was before it became mainstream. Overall I doubled my money, but it was…