Читать книгу Starting With Shares - Roger Kinsky - Страница 10

Knowledge comes in several types. One type is the knowledge you know you don't know. For example, you may be aware that you don't know much about servicing or repairing a car. So when your car needs servicing or has some problem, you take it to a mechanic who has the required knowledge and can service or repair your car. But there may also be a whole mountain of knowledge out there that you don't know you don't know. This is called blissful ignorance, because you don't worry about things you don't know about. For example, your car could have a fault that you're not aware of and so you keep driving the car until the fault gets worse. One day you notice the problem and take your car to your mechanic. The mechanic may say something like, ‘Well, if you had brought the car in to me earlier I could have fixed the problem easily and cheaply, but now it's a big and expensive fix’. The reason you didn't bring the car in earlier was because you weren't aware of the problem.

When it comes to shares, you may be aware of your lack of knowledge in certain areas but you might also have a lack of knowledge in areas you're not even aware of and that might cause problems.

Finally, there is knowledge you think you know but really don't — and this can be very dangerous. For example, when I first bought a yacht and started cruising, the yacht once ran aground during the night. I'd thought I knew how to anchor a yacht safely but, in fact, I wasn't following the best procedure at all and when the wind changed unexpectedly while I was asleep I ended up in trouble.

That's why I suggest you don't fast‐forward through the early chapters without at least skim reading first to ensure you aren't skipping over something you really don't understand.