5min chapter

First Principles cover image

The Final Supercut Part 1: Founders 1-20

First Principles

CHAPTER

Risk vs. Reward in Trading and Decision-Making

The chapter explores the thought process behind analyzing risks and rewards in trading and business decisions, emphasizing the need to evaluate potential downsides before gains. It also touches on creating optionality in business through continuous testing, employee incentivization for issue spotting, and challenges faced by a trading platform.

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