2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

RWH015: Betting Better in Markets & Life w/ Annie Duke

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Option to Quit Is a Kill Criteria

"If we can't rely on ourselves to react in a rational way to the signals when they occur, what we need to do then is do that work in advance," he says. "What could I see in the future that would make me say that this isn't, that my thesis was wrong? So for example, if you have some sort of idea about correlation and then you see the world unfold and it turns out that it is correlated, it's not uncorrelated."

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