Inversion: Try to avoid failure rather than achieve success

Avoiding stupidity often easier than seeking brilliance

Index funds (Vanguard) can be seen as form on inversion

• Easy to avoid poor returns
• Easy to lower known fees
• Together these outperform almost everything

Inversion Steps:

1. Identify Problem,
2. Define Objective,
3. Identify forces that support change toward objective,
4. Identify forces that impede change toward objective,
5. Strategize. Add forces in 3) and remove from 4)

Most people stop at 3), Inversion is all about finding problems that make things worse, and avoid doing them.

Ford bough scrapped Ford cars to find out wihch parts DIDNT fail. Those could be made a lot cheaper. (Inversion)

"Invert, always invert" - Jacobi