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How Long Term Investors Create Their Own Luck Like Brunson and the Knicks
The Knicks pulled off the biggest comeback in NBA Finals history last night, down 29 points, and I could not help but draw the parallel to long term investing. Staying in the game is the whole ball game. You do not know which dip precedes the run, the same way the Knicks did not know the third quarter was the one where San Antonio went cold. You just keep taking good shots and let the distribution do its work. I also follow up on yesterday's controversial post about why buying the dip always works and respond to some pushback I got on Substack.
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