Every investment is a bet. When you buy a stock or a piece of real estate, you are betting that its future value will outpace other options. Document your reasoning at the time of purchase . If the investment drops, look back at your notes to see if your logic was flawed, or if you simply hit a streak of bad luck. Relationships
The you are currently facing (e.g., career change, investment, business launch) The biggest unknown factor or risk holding you back thinking in bets annie duke pdf
: A terrible decision can lead to a great outcome because of good luck. The Pete Carroll Super Bowl Example Every investment is a bet