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“Risk small, admit being wrong fast, keep riding your success…”

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Hello Michael, I’m a [name] salesman in [Asia]. Last week I met one of my clients. He’s a multi-billionaire hedge fund manager who is about to convert his fund into a [structure]. I asked him what is one piece of advice he can attribute his investment success to. He said something along the lines of (I’m paraphrasing) “Risk small, admit being wrong fast, keep riding your success.” To be frank, I didn’t really grasp what he was referring to. It was too abstract. As a final piece of advice he told me to search for Michael Covel’s books and podcasts to get a better understanding. And this is how I found your email address. So I just personally wanted to say a massive thanks to you for all the material you’ve created. It’s been so, so, so eye opening. Thank you.


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