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WCI #382: The Behavior Gap with Carl Richards

White Coat Investor Podcast

CHAPTER

Risky Business: Lessons from the Mountains

This chapter explores the connection between navigating mountainous terrains and financial planning, emphasizing the importance of understanding risks and personal limits. The speaker shares personal anecdotes and insights on the inherent dangers of backcountry skiing, drawing parallels to investment decisions where many overlook true risks. By highlighting the need for honest assessments and strategic thinking in both climbing and finance, the chapter advocates for a balanced approach to risk management.

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