“You’re essentially indirectly competing against the smartest, most informationally savvy groups in the world.”
“You’re essentially indirectly competing against the smartest, most informationally savvy groups in the world.”
On an individual level, however, it’s absolutely critical that you know who you’re competing with and why, that you have a clear sense of the space you’re in.
Ryan Holiday • Ego is the Enemy: The Fight to Master Our Greatest Opponent
To surpass so many smart competitors, it’s not enough merely to outwork them. You also have to outthink them.
William Green • Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life
“Who are our competitors?”
Daniel Gross • Talent: How to Identify Energizers, Creatives, and Winners Around the World
“Who are our competitors?”
Tyler Cowen • Talent: How to Identify Energizers, Creatives, and Winners Around the World
Second, you will usually get risk calculations wrong. You’ll be very focused on keeping up with other people and not falling behind in competitive games, even in the short term.