The Hard Thing About Learning From Experience

The hard thing about learning from experience is that you don’t know how to make sense of your experience.

This is a companion discussion topic for the original entry at

Does this mean that its much easier to get stuck and fail to unlearn in wicked market environments? After all, it’s harder to assess the validity of your mental models.



It’s part of the reason why I really enjoyed @brian’s Beware of Tight Feedback Loops — investing is an extremely wicked domain, and Brian’s conclusions were independently derived from practice.

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