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ON THE EDGE (Part 2): How to Get Ahead by Thinking Probabilistically

The Next Big Idea

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Navigating Risk: The Balance of Tolerance in Innovation

This chapter explores the importance of risk tolerance in defining American exceptionalism, using Silicon Valley as a prime example. It highlights the interplay between risk-takers and risk-averse individuals, stressing the necessity for balance to foster societal advancement while critiquing the extremes of risk-taking behavior.

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