Dan Rasmussen: "Investing is a game of meta-analysis"

Investing is not a game of analysis, it's a game of meta-analysis.  It's not what you think, it's what you think relative to what everyone else thinks...  Instead of saying, "How positive do I feel about this stock or its prospects?," flip it and ask, "How positive does everyone else think about this?" and then look for the places where you're most likely to disagree.  And that is the place where the best investments are found.

~ Dan Rasmussen, "The Private-Equity Reckoning is Here," Stansberry Investor Hour, 50:35 mark, March 17, 2025