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Patrick Bet-David

Patrick Bet-David Biography

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“You want to choose a path that puts the odds of winning in your favor; in poker, it’s called game selection. What determines if you win in any game (or business) isn’t how good you are; it’s how good you are relative to your competition. That’s why it’s so important to know your own strengths and weaknesses and find a market in which you have an inherent advantage.”

PathStrengthWeaknessAdvantageCompetitionOddRelativeWinGameFavor
Book:Your Next Five Moves: Master the Art of Business Strategy
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“Worries genius or happy simpleton? The moment you get caught with the reading bug and learning, you get addicted to it, and you have to know that your mind is going to process stuff and the debate starts happening [in the head] and it’s forever— it never stops. You lose a little bit of happiness when you get too interested in wanting to get certain questions answered in life because it’s never going to end. If you choose to subscribe to wanting to be a lifelong learner you must be ready to lose some happiness and freedom that you once had when you didn’t know everything.”

HappinessReadingLearning
Author:Patrick Bet-David
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“Worried genius or happy simpleton? The moment you get caught with the reading bug and learning, you get addicted to it, and you have to know that your mind is going to process stuff and the debate starts happening [in the head] and it’s forever— it never stops. You lose a little bit of happiness when you get too interested in wanting to get certain questions answered in life because it’s never going to end. If you choose to subscribe to wanting to be a lifelong learner you must be ready to lose some happiness and freedom that you once had when you didn’t know everything.”

HappinessLife LessonsReadingLearning
Author:Patrick Bet-David
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“When you see a problem or an opportunity, I want you to shift your thinking from “We need a solution for that” to “We need a system for that.” A solution is a onetime fix that requires you to keep reinventing the wheel and puts you in a reactionary place. A system is an ongoing activity that becomes duplicatable.”

SolutionsOpportunitiesReactingSystems
Book:Choose Your Enemies Wisely: Business Planning for the Audacious Few
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