Here’s a cool story I heard on an investment-Guru Howard Marks’ interview podcast. It was apparently narrated to him by his father.
A man loved gambling. He used to spend whatever money he’d make on horse racing.
But he wasn’t very good at it. So he ended up losing money.
A lot of it.
One day, he decided that he would win for sure. So he went and bet on a race where there was only one horse.
A cinch, right?
No, because halfway through the race, the lone horse jumped over the fence and bolted off to freedom.
Life is like that. So unpredictable, even when we think we have it all under control.
Pretty much nothing is in our control, externally.
But if we control our minds, then we do not need to control anything external.