#377 - Morgan Housel - The Psychology of Money, Incentives, Investing, & Human Misjudgement
The Fort
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The High Cost of Success
This chapter explores the intricate balance between personal sacrifice and professional achievement among high achievers like Warren Buffett, Elon Musk, and Steve Jobs. It highlights the emotional and relational toll that extreme ambition can take on individuals, while advocating for a more nuanced admiration of their accomplishments. The discussion raises critical questions about the nature of ambition, risk tolerance, and the trade-offs that shape the lives of successful investors and entrepreneurs.
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