And then suddenly...
You can copy what I do. But you can't copy my conviction.
The thing is, the real world has this bad habit of changing. Sometimes abruptly. Sometimes without you even noticing.
And that's when panic arrives. Everyone talks. Everyone acts.
But you can reach that point in 2 ways: With your own F-O-R-M-E-D opinion. Or with someone else's.
The investment paradox is the best example: You analyze companies looking for opportunities, but you don't invest in most of them. Yet you know them and follow them. You build conviction about their real price. Their intrinsics.
And like a drop of water falling constantly on the same spot, you gain the confidence to act when the moment is right.
And by act, I also mean resist.
Panic isn't avoided just by meditating for an hour every morning, but by doing your homework.
You have conviction.
We could say that conviction is, in a way, Stubbornness. But not from ignorance. From effort.
How can I value equally what you tell me versus what I've proven to myself?
You don't need more skills. You need more proof of truth. Small. Subtle. But sufficient.
What leads to an abrupt decision about something is based on conviction or panic.
Who moves you?
I can withstand a 30% drop in my investments because I know what the market says doesn't reflect that company's value. I can raise my children without punishment because I know what will happen when they're 20. I can keep studying programming even though everyone says AI will replace them. I can choose to live in a small town over a big city because I know the value of its air, its food, and its atmosphere.
Conviction is the greatest strength against short-termism.
It resists the trend. It builds character.
And then, suddenly... Everything will crystallize and conviction will become real proof of it.