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Long-term Games and Avoiding Short-term Mistakes
The key insight is to play long-term games and avoid making decisions based on short-term thinking. Every mistake in life has been linked to short-sightedness and making poor decisions. When it comes to newsletters or business, the worst advice received was that it's easy, emphasizing the complexity and effort required. This advice highlights the importance of strategic, long-term thinking and avoiding the pitfall of underestimating the challenges involved.