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Rule breaker investing: Pet Perks, Vol. 2

Let’s move to pet perk number 2. This one’s a little bit quicker hitting. I was reminded that I got it from Jordan Ellenberg, the mathematician and the academic at the University of Wisconsin-Madison who joined me for Authors in August in 2023. His book “How Not To Be Wrong: The Power of Mathematical Thinking” is where pet perk, number 2, comes from. I’m going to quote him in a sec, but here it is, essentially. As you get richer as a person, as you get richer as an investor, you’re able to take more risk and that is indeed a pet perk.