Learning to take strategic risks is the essence of financial freedom. It is important for both startup founders and for achieving financial success in your personal life. The concept of De-Moral Hazarding (DMH) is one of the most powerful ideas in personal finance, yet its implementation is often the greatest challenge. At its core, DMH suggests when you choose to self-insure against manageable losses—meaning you build personal savings to cover the risk—you change your beha

Next is a short, interesting story about 1) why we are naturally bad decision-makers and then 2) how to turn that frown upside down and use the same nature to your massive advantage! We will walk through some ancient history and how our brain operates. We conclude the story with you as the hero. Showing how you can make great decisions. If you turn to the great wisdom traditions of the world—particularly Stoicism or Buddhism—you will find a consistent warning: Judgment is