Define the cost of success
8. Save. Just save. You don't need a specific reason to save.
9. Define the cost of success and be ready to pay it.
10. Worship room for error.
11. Avoid the extreme ends of financial decisions.
12. You should like risk because it pays off over time.
13. Define the game you're playing.
14. Respect the mess.
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Key pointers to have the right mindset towards money.
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19. All Together Now
Few recommendation for better financial decisions:
- Luck and risk are both real and hard to identify
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- Manage your money in a way that helps you sleep at night
- Time is the most powerful force in investing
- Become OK with a lot of things...
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