#53 Howard Marks: Luck, Risk and Avoiding Losers
The Knowledge Project with Shane Parrish
Taking Action on Recognized Opportunities
Recognizing opportunities is common among individuals, but the key difference lies in the ability to take action on those opportunities. Many people grasp the situation but fail to act upon it. This hesitation could be attributed to the influence of emotions, which often lead us astray. This reaction might stem from the primal instinct of fight or flight deeply rooted in our behavior.
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