2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

RWH015: Betting Better in Markets & Life w/ Annie Duke

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Why I Never Owned a Single Coin

If you don't understand the game, don't play. There's a reason why I never owned a single coin. Because I didn't understand it. And that's where we get particularly irrational. But more importantly, because the starting decision is always uncertain, is to say as we discover new information after we've started, are we stopping? Are we figuring out when we should stop?

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