Paranin Psikolojisi - Morgan Housel 🔥

That night, Arjun did something he had never done. He opened a bottle of bourbon and pulled up Horizon Alpha’s public trade log. He reverse-engineered their strategy. It was stupid. Reckless. It worked only because the market was irrational.

So he built his career on the psychology of survival. He kept 40% of his fund in cash. He ignored crypto. He laughed at leverage. Paranin Psikolojisi - Morgan Housel

By dawn, Arjun had lost not just the 5% original bet, but 18% of his entire fund—wiped out because he had chased a phantom. That night, Arjun did something he had never done

His remaining investors didn't panic. They just left. Quietly. Like guests at a party that ended early. It was stupid

He heard Morgan Housel’s other quote in his head: “Luck and risk are both the reality that every outcome in life is guided by forces other than individual effort.”