ERIC BARKER

They prioritize long-term gains over short-term wins even if that is unpopular and causes immediate pain. They do that because they realize that it takes time to achieve key results.

The pursuit of short-term gains can harm your long-term strategy. Winning, in the long run, requires letting...

Optimism and pessimism go hand in hand. In finance, we are told to save like a pessimist and invest like an optimist. The short term is full of setbacks, problems, breakages, depressions, pandemics, errors, but if you can stick around long enough, you can experience long-term growth.

• Getting a respected peer to think you're good, worthwhile to talk to, an equal --> that feels really good
• The goal of each person is to make better decisions and increase the probability of better outcomes
• Example: I won this hand of poker, but I think I played badly