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We close this chapter with a few summarizing lines. One may be risk loving yet completely averse to ruin. The central asymmetry of life is: In a strategy that entails ruin, benefits never offset risks of ruin. Further: Ruin and other changes in condition are different animals. Every single risk you take adds up to reduce your life expectancy. Finally: Rationality is avoidance of systemic ruin.

Skin_In_The_Game

louis.beaumont@gmail.com

It is far more fruitful to evaluate the desires for achievement, than it is to force discipline. If one’s desire for achievement is pure, he will be sufficiently motivated to do all that needs to be done in order to achieve. If it is not, he will play clever and ineffective games such as discipline.

Direct Truth - Uncompromising, Non-Prescriptive Truths to the Enduring Questions of Life

Kapil Gupta

Not to be outdone will win The size of our thoughts determines the size of our achievements. Attitude is our best friend and also our worst enemy. The road to success is paved with gold, but this road is only a one-way street. (Optimism is a belief that life will be, in the long run, more good than bad, that even when bad things happen, the good will eventually outbalance them.)

The 38 Letters from J.D. Rockefeller to His Son: Perspectives, Ideology, and Wisdom

J. D. Rockefeller

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