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Preparing for a Wide Range of Scenarios
Being positioned for a wide range of scenarios is crucial, especially when it comes to financial crises, which are likely to happen in our lifetime. Instead of predicting the future, focusing on positioning allows for better preparation. By being ready for various scenarios, one can potentially take advantage of situations that arise, rather than being caught fighting for survival. Every decision made can impact the future, and clear thinking is key to effective decision-making.