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7min chapter
#210 Best of 2024: The Blueprint for a Transformative New Year
The Knowledge Project with Shane Parrish
Perspectives on Financial Decision Making
This chapter explores the impact of individual circumstances, such as family background and timing, on financial decision-making and perspectives on luck. It contrasts the interplay of nature, nurture, and skill, advocating for a focus on repeatable behaviors over reliance on chance. Additionally, it emphasizes the virtues of patience and strategic risk management in achieving long-term financial success.
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