42 Rules of Money | Ep 481
The Game with Alex Hormozi
00:00
Investing 101 - Do You Know What You're Doing?
Don't think in IRR, which means internal rate of return. Instead, thinking how long will this take to double? How long will it take to triple? The wealthiest people that I have seen and witnessed myself make tons of money by playing a million games. Diversification is a hedge against ignorance,. And it's only risky if you don't know what you're doing. Play one game and play well.
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Transcript
