You get rich by betting on things other people are wrong about. Because most "good" investments have their "goodness" priced into them, making them "mediocre" or "bad" investments in reality.
The key is to find something that looks bad but is actually good. Which means you gotta be willing to have people tell you why you're dumb (then wait). Then get called lucky. Then do it a few more times. Then have people say you're finally good.
But by the time they say you're good it already stopped mattering to you what they thought because why would you respect someone's judgment who was so repeatedly bad? They now only say you're good because everyone else does and not because they could ever make up their minds on their own.
To succeed in the game of power, you have to master your emotions. But even if you succeed in gaining such self-control, you can never control the temperamental dispositions of those around you. And this presents a great danger.
In an age where all skills will be done by AI, what’s left will be the ability to handle uncertainty and rejection.
You’ll still be rewarded for courage to take risk and the ability able to handle criticism.
Cowards will still lose no matter what they have at their fingertips.
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