The Princess Bride can teach us a valuable lesson about investing.
I never imagined I would make such a statement until recently when I was pondering the futility of market participants trying to predict the next market downturn or pick the next big stock.
For me it brings to mind the movie The Princess Bride. One of my favorite scenes is the Battle of Wits between the characters Wesley and Vizzini. For anyone who has not seen the movie the Battle of Wits is structured as follows: There are two wine glasses on the table. One of which has been poisoned by Wesley. Vizzini does not know which glass has been poisoned and must deduce which glass is deadly. Once Vizzini selects a glass they both must drink their wine and the loser will die.