The Psychology of Money

Good book. It provided some good reminders and interesting perspectives. Nothing revolutionary or groundbreaking, but I think most people would benefit from reading it.

- Use caution when using highly successful people as role models, rather look for broad trends and patterns. Uber successful people are much more likely to be affected by good luck and long tails. Lessons from their lives don't necessarily apply to yours.
- Business is about tails. 50% of what you do may flop, 25% may be neutral, and 23% may be good, but the 2% that is wildly successful will make the biggest difference. Make lots of bets.