My First Million No Small Boy Stuff, Investing Wisdom from Nassim Taleb, plus ChatGPT Prompts We're Using
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Jan 3, 2025 Explore the intriguing phrase 'No Small Boy Stuff' that inspires ambition in daily life. Discover the unpredictable world of trading, revealing that access to information doesn't always lead to success. Delve into AI's transformative role in personal finance and productivity, as well as its implications for education and recruitment. Engage with the potential of AI in creativity and decision-making, while highlighting the evolution of podcast culture and the importance of effective copywriting. Uncover how better questioning can unlock opportunities!
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News and Investing Success
- Even with tomorrow's news, most investors would likely lose money due to misinterpreting information and poor bet-sizing.
- True experts win by correctly sizing bets, not necessarily by predicting correctly more often.
Hacking Press Releases
- Hackers accessed press releases and profited from merger announcements, highlighting the value of signal over noise.
- They targeted mergers due to their predictable price impact, showcasing how specific information types can be exploited.
ChatGPT as a Life Coach
- Use ChatGPT as a thought partner, advisor, and therapist by providing life details and goals.
- Have it ask questions instead of providing immediate answers for better clarity and self-discovery.
