Strong investors spread bets across a large basket while vetting every opportunity for a sufficiently large expected payoff.
Strong investors spread bets across a large basket while vetting every opportunity for a sufficiently large expected payoff.
More from this video
See all →Pete Carroll got demolished for switching grocery lines. Progress sometimes requires abandoning a…
Higher IQ correlates with more motivated reasoning because mental agility makes defending existing…
People’s momentary emotions are path-dependent: immediate adversity can overwhelm the emotional…
Before outcomes occur, record possible results, their probabilities, and your reasoning so…
A bad outcome does not prove a bad decision. Judging decisions by results is called resulting.
Ask for an opinion before revealing your own. Your view contaminates someone else’s independent…
Treating claims as bets turns certainty into probabilities and makes counterevidence harder to…
Trust intuition for immediate decisions, but hold it accountable to deliberation and make it…
Don't lose this one
A free account saves insights like this to your Boards, and Korva resurfaces them so you actually remember.