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Systems Thinking: How Billionaires Think

Sam Ovens

00:00

Understanding Feedback Loops and Systems Thinking

The chapter delves into the concepts of feedback loops and systems thinking, drawing parallels from the stock market to illustrate interconnected inputs and outputs. It emphasizes the importance of considering elements like inputs, outputs, processes, feedback, and environment in decision-making processes to become a systems thinker. The discussion underscores the significance of understanding interconnectedness for personal and business development.

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