The Zurich Axioms

Key Insight 1: Embrace risk: Worry is a sign of health in speculation

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 2: Take profits early: Greed can lead to financial ruin

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 3: Cut losses quickly: Don't pray when the ship starts to sink

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 4: Distrust forecasts: Human behavior is unpredictable

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 5: Beware of perceived patterns: Chaos is dangerous when it looks orderly

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 6: Maintain mobility: Avoid putting down roots in investments

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 7: Trust explainable hunches: Intuition can be a valuable tool

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 8: Rely on yourself: Don't expect supernatural forces to make you rich

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 9: Seek confidence, not optimism: Know how to handle the worst

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 10: Think independently: Majority opinion is often wrong

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 11: Avoid stubbornness: If it doesn't work the first time, move on

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.

Key Insight 12: What's "The Zurich Axioms" about?

This insight from The Zurich Axioms by Gunther Max represents one of the foundational ideas in this philosophical work.