1. Diversify investments into uncorrelated assets to minimize risk (2:18). 2. Keep more cash in safe money market funds than you think necessary (2:39). 3. Adopt a "day one" mentality to avoid complacency (4:43). 4. Seek new opportunities before current ones are exhausted (4:52). 5. Consider the optimal size for sustainable business growth (7:00).

1:40 Curveball once a decade 3:00 California superbloom 5:20 World's largest man 6:00 Slow growth = durability 8:00 Biggest risk

Really appreciate your concise summaries yet you always seem to capture the important essence of the books. Many thanks!

the importance of preparing for unforeseen financial crises the dangers of excessive growth or success the value of sustainable growth over time

Great, great, great. Congrats and thank you!

Always a pleasure to consume your content. Now to write out the PDF. Keep up the great work!

Thank you for another outstanding review ❤

Thanks you saved me 10hours to learn what the book has to say

Gandhi Famously quoted "if you wanna go fast, walk alone but if you wanna go far , walk together", Problem is, world has changed and is soo dynamic right now walking together makes one so slow that life become painful. If one were to follow S&P in last 3 years, most ppls understands the pain !! Infact I have seen a people going all in with Margin Money on "so call", safe investment S&P when Interest rate was literally 2%.. Can you see the pain they have faced? They are wiped outta their investment portfolio.. Moral of the story is, dont eat whatever others are shitting, do you own diligence !! Nice book, Love you subbed from along time for these contents though keep it coming !

Thanks! Excellent summary. Always enjoy your productive game!

Awesome summary, as always!

Thanks

Another banger

I love you ❤️❤️❤️ Thank you for sharing this amazing book 🙏

I think I am gonna buy this book. Thanks for the review

Thank you for this

Some points remind me of Howard Marks when he talks about “Risk”. I’m currently reading the “Psychology of money” from the same author and I can only recommend it. I will add this one to my wishlist too😊

Thanks for your summary 👍

That's how you do a summary 🤩

overall the video is very good and has solid advice.

Does this book really good than before??

The houdini story you tell is not factual. there were only two witnesses and it took place in his hotel room. He didn't die the next day, he died 9 days later from a burst appendix. only coincidentally related to the punch. Houdini ignored several doctors advice to go to the hospital. When he finally went it was too late.

Has there ever been a book you don't "highly recommend"? 😜

Potentially Except David Icke.

The biggest risk is not taking any risk. Quote by David Icke, You can research much more but your work is also good. You can also do better work

Just buy bitcoin and call it a day. Thank me later

I read the summary. Housel is either ignorant of several major facts or knows better and is a propagandist. Either way, this book is the opposite of good and will mislead anyone who takes it at face value.

This just in…water is wet and the Pope is Catholic. This passes as business knowledge in 2023? Wow, slim pickins’ huh? Bout time I should write a book with some lame anecdotes that lead to some overly trite observations about business/reality

I think I am gonna buy this book. Thanks for the review