4min chapter

Stansberry Investor Hour cover image

'You Need Grit to Quit' – Knowing When to Walk Away With Annie Duke

Stansberry Investor Hour

CHAPTER

Everest Climbing - The Turnaround Time

The turnaround time for summit day is 1pm and eight times more people die on the way down a mountain then on the way up. The climbers are going up as I said it was very popular there were like over 30 people trying to summit that day. And their expedition leader came up behind them and Hutchinson just said to the expedition leader hey, can you just tell me like how long is it going to be for to the summit from here? It's already almost 1130 until by my calculation we're not going to get to the summit until 230. That's already an hour past the turnaround time kind of best case scenario. They turned around and they went back to camp for and they lived

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