Beware the “wisdom” of the crowd: | by Sahil Bloom

Sahil Bloom

@SahilBloom

about 1 month ago

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Beware the “wisdom” of the crowd: • When things go well, they’ll applaud you. • When things go poorly, they’ll boo you. You’re never as good (or as bad) as they say. It’s all just noise. Do you. Keep moving forward.

Athletes tend to learn this the hard way. As the saying in baseball goes: “You’re only as good as your last pitch.” From the highest highs to the lowest lows—the greats somehow manage to remain even keel.

Zero opinion on Facebook or its stock, but the narrative shifts around Zuck are fascinating: When the stock is flying high, you’re a beloved general. When the stock is tanking, you’re a tyrant. If the stock goes back up as big bets work, I assume he’s lauded as a wartime hero.

And as always, those in the arena need not concern themselves over the opinions of those slinging rocks from the sidelines. “A lion doesn't concern himself with the opinion of a sheep.” - Tywin Lannister

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