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Independently Assessing Risk and Evidence
The individual analyzed data from various sources, predicted the number of deaths due to a pandemic before it was reported, gathered supplies in advance, isolated himself and calculated his own risk of death. He emphasized the importance of independently checking evidence in crucial life situations, based on his approach to gambling and assessing odds in different scenarios.
On today’s show, Stig talks with William Green, the author of “Richer, Wiser, Happier.” They explore how the best investors can teach us not only how to become rich but how to improve the way we think, reach decisions, assess risk, build resilience, and turn uncertainty to our advantage. The best investors are master game players who consciously maximize their odds of long-term success in markets and life while also minimizing any risk of catastrophe.
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