Positioning for Long-Term Success

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The key to successful investing lies in positioning oneself for the long term rather than trying to time the market. By acknowledging the randomness and complexity of the market, one can prepare for any outcome. Positioning may seem sub-optimal in the moment but proves to be the optimal strategy in the long term. Society's focus on short-term wins often results in losing out on long-term success, whereas positioning ensures success over the decade.

In Part 2 of our conversation with Shane Parrish, founder of Farnam Street and author of "Clear Thinking," you'll discover techniques that will help you think clearly and make better decisions. Shane walks us through his inspiring journey, from his initial days working for an intelligence agency to his exploration into the power of clear thinking. He shares captivating insights about his commitment to the dissemination of knowledge and the creation of The Knowledge Project.

Shifting gears, we discuss recent developments in the AI world, such as Sam Altman's surprising departure from Open AI and his new role at Microsoft. We ponder over the capricious nature of the tech landscape and the imperative need for adaptability. The conversation leads us to explore the concept of positioning and its impact on various life aspects.

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