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#53 Howard Marks: Luck, Risk and Avoiding Losers
The Knowledge Project with Shane Parrish
Do You Dare to Be Great?
How important is that ability to look stupid in terms of a performen? It's essential. Even things which are going to be right in the long run may look wrong in the short run. If you think about everything the same way everybody else does, you can't have an exceptional returnoyo. So it all comes from seeing things that others don't see and taking advantage of them.
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