The Essence

The Sweeter One

A young boy was holding two apples with both hands.
His mother came in and softly asked with a smile:

Sweetie, could you please give your mom one of your two apples?

The boy looked up at his mom for some seconds, then he suddenly
took a quick bite on one apple, and then quickly on the other.

The mom tried very hard not to show her disappointment.
Then the boy handed one of the bitten apples to his mom and said:

Mommy, here you are, this is the sweeter one.

The moral being to delay judgement until one has all the facts.  That’s how jury trials work.  That’s why a baseball season has 162 games.  That’s why one waits to see the literal paint dry before purchasing enough to finish the wall.  And that’s why, in most cities, weathermen wait for the first raindrop before making their predictions.

It is no different in investing.

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