
221: Booking: $170B+ A/B Testing Machine & How a $5000 Vegas Bet Saved FedEx
Not Investment Advice
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Navigating Luck and Risk in Business
This chapter explores the historical impact of oil embargoes on business decisions, focusing on a pioneering figure who launched an airplane delivery service during economic upheaval. It examines themes of luck, risk, and survivorship bias, using real-life anecdotes to highlight how success stories often overlook the role of chance in entrepreneurship.
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