A note from Daniel

Ch.28 summary: - Interest is first gear. Commitment is the Redline. - Hard work and commitment separate the winners from the losers. - Some choose short term mediocre comfort over long-term meteorie comfort, - To live unlike everyone else, you must do what everyone else won't. - Arm your expectations to hard work, sacrifice, and other bumps in the road. These are the land mines where the weak are removed from the road and sent back to the land of "most people." El Failure is natural to success. Expect it and learn from it. - One home run could set you financially secure for your life, perhaps generations. - Home runs can't be hit in the dugout. - Moronic risks have an unlimited downside (long term) and limited upside (short term). - Intelligent risks have an unlimited upside (long term) and limited downside (short term.) - There is never perfect timing and waiting for "someday" wastes time.

Daniel The Millionaire Fastlane, page 201 · January 20, 2024 Save to shelf
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