Nassim Taleb put it this way: “Having an ‘edge’ and survivi… - Morgan Housel

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Nassim Taleb put it this way: “Having an ‘edge’ and surviving are two different things: the first requires the second. You need to avoid ruin. At all costs.

Morgan Housel

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Tony Robbins Robert Kiyosaki Tim Ferriss Naval Ravikant Charlie Munger

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Some of the most important questions to ask yourself are: Who has the right answer, but I ignore because they’re inarticulate? And what do I believe is true but is actually just good marketing?

Plan to survive reality. Future filled with unknown is everyone’s reality.

Another is that pessimists often extrapolate present trends without accounting for how markets adapt.

Nassim Taleb put it this way: “Having an ‘edge’ and surviving are two different things: the first requires the second. You need to avoid ruin. At all… - Morgan Housel

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