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RWH043: Survive & Thrive w/ Guy Spier: Part 2
We Study Billionaires - The Investor’s Podcast Network
Continuous Progress and Risk Avoidance
Consistent progress, no matter how slow, is crucial, as exemplified by the Chinese saying. Climbing Everest or handling investments, the key is to keep moving forward. It's essential to be conscious of known risks but also acknowledge the vast unknown risks. Learning from experiences can help in avoiding mistakes, like realizing the pitfalls of shorting stocks after trying it a few times. Avoiding risky behaviors like leverage can put one ahead in the game.
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