2min chapter

The Tim Ferriss Show cover image

#576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor

The Tim Ferriss Show

CHAPTER

How Much Did Walt Disney Invest in My Company?

Tail risk is a big deal. Even among the highest talents in any field, you're going to see that tails drive everything. It's just so hard to wrap your head around that when you're trying to emulate these people. There is a selection bias, because the best tend to then see better and better deals first.

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