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Tim Ferriss on Making Better Decisions and Solving Problems (Pt 1)
The Daily Stoic
Reducing Psychic Drag and Making Financial Decisions
To reduce psychic drag and optimize financial decisions, one should focus on investing only in areas aligned with their expertise, even if it means consciously losing money in other categories. Making intentional financial sacrifices in certain areas can liberate mental and psychic bandwidth to excel in sectors that resonate more with one's strengths and abilities, ultimately leading to more significant gains.
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