~ Annie Duke, interview with Dan Ferris, Stansberry Investor Hour, 51:55 mark, February 27, 2023
Mar 8, 2023
Annie Duke on the value of quitting
Quitting doesn't slow you down, not when it's done well. It actually speeds you up. And that's the secret. People think that "quitters never win and winners never quit," but that's not true. Winners actually quit a lot and it's in fact how they win. When you look at the best investors, they are so good at getting off the positions that aren't worthwhile so that they can then reinvest that capital into things that are worthwhile... That's what's actually going to move the ball forward for you... When you are a good quitter, you get to where you want to go faster.
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