#1213 Polina Marinova Pompliano On The Hidden Genius Behind Millionaires and World Champions
The Pomp Podcast
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The Importance of Competence in Extreme Challenges
NIMS: You have to be incredibly competent and prepared before undertaking something like this, because nothing ever goes as planned. Morgan Housel talks about how risk has three sides. He says that there's the odds you will get hit the average consequences of getting hit in the tail and consequences of not getting hit at all. The last one is kind of like, if you're an investor or a human living life, um, there will be unforeseen risk which could be a black swan event.
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