# A Type of Person Around Us: Never Wrong, Always Right, Always Defending Their Position

There's a type of person who is always convinced they're correct—100% certain about everything. "What I say is fact." You present data, they say it's fabricated; you explain logic, they say you're brainwashed; you give examples, they say those are exceptions.

I've observed this group, and here's what I found:

**Most of them never make money investing.**

Because making money requires three things—and they don't have a single one:

| What's Needed | What They Have |
|---|---|
| Humility—admitting "I don't know" | Arrogance—"I know everything" |
| Flexibility—changing immediately when wrong | Stubbornness—clinging to beliefs no matter what |
| Gray-area thinking—accepting ambiguity and contradictions | Black-and-white thinking—"only I'm right" |

The market is fluid, constantly changing, and uncertain.

When you fight it with a rigid "position," it's like throwing a stone at water—the water remains fine, but the stone sinks.