There's an economic theory out there that if you take the incomes of your five closest friends and average them, the resulting number will be pretty close to your own income.
I think the same thing is true of our idea incomes. You're only going to be as good as the stuff you surround yourself with.
5
40 reads
CURATED FROM
IDEAS CURATED BY
By curating the content I consume, I document my journey through time and space.
The idea is part of this collection:
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How to synthesize information from multiple books
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Your investors, coworkers, spouses and friends have to sign up for the ride. Being right is one thing. But you also need to be able to convince those whose support you rely on.
An investment manager who loses 40% can tell his investors, "We're in this for the long run,...
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