Master MONEY MAKING In 60 Minutes: Everything They Never Taught You | Jenny Just
by
Get the full episode insights!
Enter your email below to get notified about more insights from:
BigDeal
This episode is titled:
Master MONEY MAKING In 60 Minutes: Everything They Never Taught You | Jenny Just
Notable Quotes
"If you want to get rich, you have to take risks."
"Each failure shaped me more than anything else."
"You need time to go by to see if a trader is going to be great at their job or not."
Get episode summaries just like this for all your favourite podcasts in your inbox every day!
Get More InsightsEpisode Summary
In this episode, Jenny Just, a self-made billionaire and co-founder of Peak Six, shares her journey in the risk-laden world of trading, revealing the humbling experiences of financial losses and the importance of patience and long-term perspectives in investing. Just emphasizes that trading is not just about winning but also understanding when to navigate risks intelligently. She explores how many newcomers to trading might have an overly simplistic view of risk and how essential it is to analyze the entire context of decisions.
Just dives into the significance of learning from failures, describing how they have shaped her career. With a unique approach, she equates the mindset required in trading and investing to that of poker, where understanding opponents and reading the room is crucial. Her pioneering initiative, Poker Power, aims to empower women by teaching them poker as a skill to enhance risk assessment and decision-making abilities, thereby fostering their confidence in both personal and professional arenas.
The episode concludes with Just urging listeners, especially women, to embrace risk in manageable increments, using poker as a foundational tool for building a more strategic approach to life and business.
Just dives into the significance of learning from failures, describing how they have shaped her career. With a unique approach, she equates the mindset required in trading and investing to that of poker, where understanding opponents and reading the room is crucial. Her pioneering initiative, Poker Power, aims to empower women by teaching them poker as a skill to enhance risk assessment and decision-making abilities, thereby fostering their confidence in both personal and professional arenas.
The episode concludes with Just urging listeners, especially women, to embrace risk in manageable increments, using poker as a foundational tool for building a more strategic approach to life and business.
Key Takeaways
- Risk is essential in both trading and life, and understanding how to manage it can lead to better decisions.
- Experience in facing losses can build resilience and improve one's approach to future risks.
- Poker can serve as an effective tool for teaching women about risk assessment and decision-making.
Found an issue with this summary?
Log in to Report Issue