it is what it is, page-108

@Sprhd456
My comment was about clarifying misunderstandings, but ironically I feel a bit misunderstood!
I wasn't attempting a breakdown of the factors by merit, it was really just an overview of (in my view) a key breakdown in understanding between Kokoro VS the usual suspects. The number of arguments I've seen play out almost verbatim 100x over just wore me too thin this morning, welp.

"I believe you are fundamentally wrong if you are only focusing on the fundamentals without considering the nature of investment."
Consider if instead of people not considering the nature of the investment (all the factors you list), they are simply weighing the importance of those factors differently, which they are free to do. I wouldn't say it's fundamentally wrong, it's just differentpoint of view that probably stems from a more conservative investing strategy.