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16min chapter
Dimensional Fund Advisors Co-Founder David Booth on The Birth of Modern Finance and Embracing Uncertainty in Investing
50 Fires: Money and Meaning with Carl Richards
Embracing Uncertainty in Life and Investing
The chapter explores the concepts of randomness, uncertainty, and luck in life and investing, emphasizing the importance of adapting to unexpected situations. It discusses how embracing uncertainty can lead to opportunities in investing and the parallel between uncertainty in investing and the enjoyment of surprise in entertainment. The speakers reflect on childhood experiences with money, highlighting the impact of their upbringing on their perspectives on earning money, financial decisions, and the importance of humility and hard work.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode