My First Million cover image

He Got Fired By His DAD… So He Built a $60M/yr Empire

My First Million

NOTE

Embracing Asymmetric Risk in Investments

The speaker shares a mindset of embracing asymmetric risk in investments, where they are willing to take more shots on goal and invest in themselves rather than the S&P. They are not afraid of losing it all, having experienced being cut off and fired by their father, and believe they can recover. This approach is applied to all acquisitions, with a focus on being comfortable with the potential loss but also the opportunity for significant gains.

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