2min chapter

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48: “I Fought With Custer”, How Ego can Kill You, Avoid the Slippery Slope

Jocko Podcast

CHAPTER

The Psychology of Investing

"This is more like the slippery slope situation, but not war and nothing like that," he says. "I bet if you looked at the Bernie made off where he had that giant, I would have to read about it." He goes on: "You know what? I didn't quite make what we were going to make, but I'm just going to go ahead and take some of these other people's money and just distribute it" The next step or down the 'slippery slope' is a level seven Ponzi scheme with no one running for their lives.

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