Gayner distinguishes between 'optimizing' and 'satisficing': type-A investors tend to over-optimize things that are fundamentally constrained and can only get so good (leading to frustration), whereas satisfaction means setting the threshold high enough to enjoy appropriate amounts without demanding perfection.
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Tom GaynerEvidence Quote
“when you try to optimize something beyond the coin at which you and be optimized in this world, I think you've set yourself up for frustration and disappointment.”
Created: 8/12/2026, 10:19:48 PM
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