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Developing self-awareness in identifying positions of strength and weakness
Developing self-awareness about which positions or situations one excels in is crucial for success/nIn poker, it is important to not just have the best hand, but to also have enough chips to take advantage of it/nThere are two ways to live life: avoiding pain and seeking pleasure/nBuffett's first rule of investing is to never lose money, and the second rule is to never forget the first rule/nUnlike in chess, losing money in investing means having less capital to invest with, which can be a costly mistake