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897: Important Financial Lessons from the FTX Collapse

Radical Personal Finance

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Avoid Catastrophe and Optimize Your Lifestyle

In point four of the radical personal finance framework for wealth, we talk about avoid catastrophe. The rule is once an event happens that gives rise to claims against you, it is too late. But stuff that happens long before that happens can be very well positioned. You have to look at when disaster strikes other people and then ask yourself what will I do if disaster strikes me?

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