Mental 🧠Models are 🔻Underrated🔻, Why?

Let's talk about a concept you might be familiar with in making bets.

When you make a bet with the best odds in your favor, you've earned something, regardless of whether you win or lose the bet. On the flip side, when you make a bet with unfavorable odds, you've lost something, even if you end up winning that particular bet.

Now, let's relate this to the world of poker. In poker, understanding the theory behind the game is crucial. As David Sklansky explains in "The Theory of Poker," it's essential to have a solid investment philosophy, grasp the psychology of investing, stay innovative with competitive strategies, and have an understanding of science and complexity, such as game theory.

Think of these compartments as tools in your toolbox, each addressing a specific aspect of investing. They form the foundation for successful investment decisions and help you navigate the intricacies of the market.

By acknowledging the importance of these elements and incorporating them into your investment approach, you can enhance your chances of making informed decisions and achieving long-term success. So, embrace the power of knowledge and strategy, and let them guide you toward financial prosperity.

It is very important to set 🎯🎯🎯

1-Investment philosophy

2-Psychology of investing

3-Innovation and competitive strategy

4-Science and complexity (Game theory)

Why?

Consider these compartments in toolbox, each addressing a distinct facet of investing💰💰💰.

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