What matters is that a blackjack card-counter knows that they are playing a game of odds, not certainties!
pg.121 : Psychology of Money , Morgan Housel
Life - you have to think in odds and not in certainties!
Odds involve probability - more specifically - success and failure are both possible outcomes !
I play chess as an amateur - I used to think of certain moves expecting that my competitor will make specific moves with certainty! but that never happened!
Bertrand Russell puts it this way : " The whole problem with the World is that , Fools are always certain of themselves and wiser people full of doubts! "
Why wiser folks are doubtful ? because they think in possible outcomes and probabilities!
As you do so, you will become humble as well!
As you become humble , you act normal!
As you act normal, you really come across as amazing!
The riskiest moment is when you think you are right"
Peter Bernstein - Economist!
Comments