One of the simplest ways to win a short-term recreation is to wager all of it on one technique. Somebody goes to get fortunate and it could be you.
However we hardly ever thrive in the long term if we persist in enjoying a sequence of short-term video games.
As a substitute, organizations, people and groups do higher once they perceive the worth of resilience.
Within the final yr, we’ve seen well-funded and closely hyped crypto corporations hit the wall and fail. That’s as a result of it was simple for them to get funded and develop quick by making a easy wager, and in a bull market, everybody appears like a genius.
However their much less flashy opponents are nonetheless round. They understood that resilience is pricey and resilience is value it.
