Originating as a musical term, counterpoint refers to the technique of combining two or more melodic lines in such a way that they establish a harmonic relationship while retaining their linear individuality or when two or more tunes that are played together to sound like one tune.
In a similar way, two things can be true at once, even if they feel mutually exclusive.
The following is taken from another great article by Morgan Housel. To read Morgan’s article in full please click here.
- We might be overreacting in some ways and underreacting in others.
- Good and bad news can coexist.
- It’s OK to be terrified about the short run and optimistic about the long run.
- It’s OK to be both confident about your decisions and humble about how little we know.
- It’s OK to want to stay informed while also wanting to tune everything out.
- It’s OK to have been dead wrong about something you believed days, even hours, ago.
- You can want to “secure your own mask before assisting others” while desperately wanting to help others.
- As an investor, it’s OK to see more opportunity than you’ve seen in years while wanting to protect your downside more than you’ve wanted to in years.
- It’s OK to have a plan while acknowledging you have no idea what the world will look like tomorrow.
You can read his other pieces at https://www.collaborativefund.com/blog/.