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The Very, Very Rich and How They Got That Way: The spectacular success stories of 15 men who made it to the very, very top by Max Gunther

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24. Fortune Makers of the Future

Business, like horse betting, is largely a game of predictions. You bet money or time or work, or all three, on some outcome that you hope or believe will occur in the future.

Most businessmen would argue tearfully that business is less of a gamble than horse betting. They would be right, of course. Once you’ve placed your bet at a racetrack, you are a totally helpless victim of the events that follow. You have no control over the outcome. In business, having placed your bet, you retain a degree of control over the future events that will cause you to win or lose. But you don’t have complete control, and if your predictions are too far wrong, you lose no matter what you do.

No matter how smart an operator ...

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