Morgan Housel – Same as Ever (EP.359)
Capital Allocators – Inside the Institutional Investment Industry
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Understanding Risk in Investing
This chapter dissects the intricate nature of risk within investing, contrasting normal market fluctuations with unforeseen disruptive events. It emphasizes the misconceptions surrounding risk representation by fund managers and the psychological complexities of decision-making during market downturns. Additionally, it reflects on the duality of high-achieving entrepreneurs' success and personal struggles, advocating for individualized approaches to finance.
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