• Why is betting on people important?

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    Betting on people can be crucial because it often involves investing in their potential, skills, and ideas, which can lead to significant rewards even when it might not seem necessary initially. Jesse Pujji highlights the importance of taking bets on other people, suggesting that this approach can lead to unforeseen gains and opportunities 1.

    Richard Koch discusses a similar concept but in the context of betting on companies. He emphasizes that understanding and investing in businesses, particularly those with a strong market position and potential for growth, can be akin to betting on the right people or teams within those businesses. This strategy can lead to substantial financial returns if done correctly 2.

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