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The Tim Ferriss Show cover image

#107: The Scariest Navy SEAL I've Ever Met...And What He Taught Me

The Tim Ferriss Show

NOTE

Evaluate the Downside Before Investing

Successful investors don't bet the farm but carefully evaluate the maximum allowable downside, determine the bet size, and have an exit strategy in place. The romantic notion of reckless risk-taking in business often leads to failure, as the majority of renegade risk-takers face significant losses not highlighted in the media. Making calculated decisions by assessing risks versus rewards increases the chances of success in investments.

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