What’s a better way to live life? A) being mercilessly selective in the opportunities you take B) saying yes to what you’re passionate in the moment and then accepting loss when you drop things that hit the back burner
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Right on. Really liked this book if you haven't read it: https://www.amazon.com/Art-Execution-worlds-investors-millions/dp/085719495X … The thesis is: what separates successful people is how they respond to bad bets.
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Can I guess how they do it? They change their minds!
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Yes. Part of it. They also sometimes stuck to their guns -- for example, if a stock trade went down 20%, the winners would sometimes sell and cut their losses. But the biggest winners were the ones who sometimes bought more at those lower prices.
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Oh that's nice to hear!
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