But if you listen to losers you might find out that most of them are just rationalizing their cognitive dissonance. The holy grail is to find huge winners that think a lot about their process like Jeff Bezos, Howard Marks etc.https://twitter.com/G_S_Bhogal/status/1143417716059049985 …
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Replying to @obstaclecap
@G_S_Bhogal It's impossible to win over the long-term without losing. Bezos has said this in other words. Winning without losing is luck. Winning after losing is skill.1 reply 0 retweets 1 like -
Replying to @Molson_Hart @G_S_Bhogal
True. One of the areas where he excels. He’s willing to take those 10 delta bets if they have positive NPV, whereas most CEOs care a lot about “being right” (ego or to keep the job). He probably picked this up during his time at D.E. Shaw.
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Replying to @obstaclecap @G_S_Bhogal
Word, he's the best.
9:26 AM - 26 Jun 2019
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