A better direction
- Expect that risk will arrive when you don't expect it. Don't rely exclusively on forecasts – almost all of which are either nonsense or about things that are well known.
- Give yourself a wide berth. If you think recessions will reduce your wealth by 20%, design your allocation to withstand a decline of 40% or more taking into account that the powerful downturn will be the one you didn't expect.
124
177 reads
CURATED FROM
IDEAS CURATED BY
The idea is part of this collection:
Learn more about problemsolving with this collection
How to close the deal
How to handle objections
How to present your value to your employer
Related collections
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates