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Tony Robbins & George Janko | How to Achieve Asymmetrical Risk-Reward Investing
1 year ago
9
Tony Robbins & George Janko | How to Achieve Asymmetrical Risk-Reward Investing - Secrets from a Top Coach | I coached Paul Tudor Jones for all these years and when he was at his best he was having challenges and I learned what he was doing at his best got him to do it again. He wouldn't make an investment. He’d risk a dollar if he thought the investment would be worth 5 And he was certain. Now he might be wrong If he's wrong he can risk another dollar and still make 4. He can be wrong 4 times out of 5 and still be okay. And catch up yeah. But if you're trying to make 10 percent or 20 percent and you're wrong you're going deeper and deeper in the hole. So you can't always find asymmetrical risk reward but when you can it's amazing.
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