6. The are preoccupied with (and stuck in) their own story.
Like the star of any show, they need the one-way interaction of an audience — people whose only role is to bear witness to the drama.
They also like to assign roles to the rest of the cast. And if cast mates don’t deliver the right lines, there will likely be trouble.
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We all experience drama. Some are just regal about it, its bred into their personalities. Identify and overcome!
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Since the investors of the “I know” school, described in chapter 14, feel it’s possible to know the future, they decide what it will look like, build portfolios designed to maximize returns under that one scenario, and largely disregard the other possibilities. Th e suboptimizers of the “I don’t...
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