What works in one environment won’t in another. Getting dogmatic about style enslaves you to the ghosts of past economic cycles. Hard rules fail in investing because the game is always changing; you have to always evolve with the meta or you get left behind.
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Interest rates are both super important and impossible to predict.
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Well said. I’d hate to have my business dependent on something that far out of my control though.
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Don’t bring a knife to a gun fight use a sniper rifle from 100 meters
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