Red eyed with a coffee stained desk, the mathematical madman constructs ever more complicated mathematical formulas – one building impressively upon the other.
The mathematical “constructs” and spreadsheets look so glorious that the path to wealth becomes clear and certain. If only normal people could see what he can see…….until reality hits and the figures and formula’s are washed away into oblivion when a new reality appears. Oh well, back to the drawing board – a new formula and spreadsheet will make it right for next time……if only…
Charley Munger (Warren Buffett’s partner) said: “I can’t give you a formulaic approach because I don’t use one. If you want a formula, you should go back to university. They’ll give you lots of formulas that won’t work.”
How do you see the real numbers that count and not the numbers that exist like firefly’s – there for a minute and then gone, irrelevant and forgotten the next.
That’s what we do for clients.