Permanent Podcast: Real Talk About Private Equity and Buying, Selling, and Operating Small Businesses
Shane Parrish: Why Discipline Doesn't Matter - Outside Insights
Jan 31, 2023
01:00:05
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Quick takeaways
- Patience is crucial in investing and avoiding rushing outcomes for better results.
- Balancing personal values with societal expectations is key in wealth accumulation and lifestyle decisions.
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Lessons and Insights from Investing
Investing is about patience and resisting the urge to rush outcomes. Knowing the best technology doesn't always guarantee success in investments, as seen in experiences like JCPenney. It's important to recognize luck in investments and to avoid speeding up the process to financial freedom.
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