42 Rules of Money | Ep 481
The Game with Alex Hormozi
00:00
How to Buy and Sell Your Peace of Mind
If you feel FOMO, it means slow down. It means take a second, give a breather, put some space between you and the decision. Peace of mind can very much be bought and sold, and I can tell you make much better decisions when you've got it. A lot of people think about diversification in terms of industry, but they don't think about it in terms of capital stack. So, if you lend to a business and you're the first, like a bank, for example, is at the top, it's a preferred creditor. If the person goes under, they get the house. When the tide goes out, you're the one who gets
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