1/ All the best bets are asymmetric; they have a 9/10 chance of failure, and a 1/10 chance of 100x success. I& #39;m almost certainly going to lose the value of 1 punk in my shill thread. But what will I learn? Who will I meet? Get comfortable making asymmetric bets...
2/ Get comfortable losing 9 times in a row so you can succeed 100x the tenth. Spend your time trying to maximize asymmetry. Don& #39;t bet more than you can afford to lose. I can& #39;t think of a single person who did this (intelligently) for a decade, and didn& #39;t eventually become wealthy
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