Rule Breaker Investing The Besties of 2024
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Dec 11, 2024 Rand Stagen, founder of Stegen Leadership Academy, shares insights on the power of patient, continuous effort in leadership and investing. He emphasizes the importance of long-term strategies, genuine trust-building, and the philosophical aspects of time. The conversation also touches on risk assessment using a 25-point framework, celebrating the transformative journey of community learning. This festive review of standout moments from the year showcases optimism, personal growth, and the artistry of investing.
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Optimism vs. Hope
- Bill Burke differentiated optimism and hope using the Detroit Lions and their Super Bowl prospects.
- He highlighted that optimism is about probability, while hope persists even when odds are slim.
Immigrant Optimism
- Bill Burke shared an anecdote about a Korean Uber driver in New York to illustrate immigrant optimism.
- This story served as a lesson in perspective, highlighting the power of focusing on positive encounters.
Train Your Mind
- Train your mind towards positivity, just as you would exercise your body at a gym.
- Bill Burke suggests that our brains are malleable and can be trained towards optimism.