Strategic Mediocracy
annaloverus.substack.com
I have a section in my notebook called Fleeting Notes. That's where I save fractions of thoughts – ideas that could be nurtured into something but mostly just sit in a folder until they are forgotten.
One of the notes in this section is called 20220816 - Strategic Mediocracy. And it says: "Average returns for an above-average period of time = extreme out…
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