- Most people don’t survive in a high risk/high reward environment (ex: Angel Investing)
- How successful you are depends on taking 200 gambles, failing 199, and making up everything and then some in the 200th.
- Most people don’t have brains that are configured to tolerate such downsides or negative outcomes.
- related: [angel-investing], [gambling], [downside]
- source: https://fs.blog/knowledge-project/jason-calacanis/