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The Psychology of Money - Chapters 1 3 - 1 7 In both your personal finance, and in your investing, why is it so important

The Psychology of Money-Chapters 13-17
In both your personal finance, and in your investing, why is it so important to give
yourself a margin of safety (or room for error)?
According to Housel, what is the biggest single point of failure with money?
We all understand the "miracle" of compounding (going back to Ben vs Arthur example from Dave Ramsey book).
According to Charlie Munger, what is the first rule of compounding?
What are 2 things Housel says to keep in mind when making what you think are long-term decisions?
What do "tactical mutual funds" try to do, according to Housel, and how does he feel about those funds?
How can training your mindset to see stock market volatility as a "fee" rather than as a "fine" help you to stay the course when the stock market takes a dive?
Housel stresses that investors are not all playing the same game. What does he mean by that?
What is Housel's personal style and philosophy about investing?
What is that main thing (or things) you learned from the chapter entitled "The Seduction of Pessimism"?

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