Don’t Trust Your Gut…
…OR AT LEAST QUESTION IT BEFORE YOU ACT.
SAFIA WILLIAMS, ‘17
SAFIA, 2019 WELLESLEY COLLEGE GRAD, LEARNED TO QUESTION HER INITIAL INSTINCTS AS SHE PAVED HER PATH TO A CAREER IN INVESTING.
When I took “Introduction to Python Programming” during my first semester at Wellesley, I had never coded before and, as far as I was concerned, Python was a snake.
It proved to be one of the most humbling classes I have ever taken. I felt inadequate when I couldn’t debug my code and I felt even worse when I saw how quickly my classmates finished their problem sets. By the end of the semester, I was completely drained, and I vowed never to take another computer science class.
During my second semester, I reflected on my experience. In hindsight, I struggled because I held myself to standards that were unrealistically high. However, I had the ability to alter this perception. And if I could change my mindset, what did I stand to gain? An opportunity to develop my problem-solving skills and to apply these skills to any industry. Maybe it was worth a second chance.
The lesson, “Don’t trust your gut,” is one that can also be applied to investing. I’ve listened to analysts present on companies where I instinctively thought, “Do you really want to invest in that kind of business?” On the other hand, there are some companies where it’s easy to gush about their innovations and say, “Surely, this investment will do wonders for any portfolio.” I’m here to say that your gut isn’t always right. I’ve learned that first impressions are often incomplete, and that good ideas can come from places that are overlooked. That’s not to say that you should never listen to the voice in your head, but instead, follow author Daniel Kahneman’s advice from his book Noise: “To make the final decision, delay intuition, but don’t ban it.”
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