Right now, of course, the answer is “to clubhouse”
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Optimal aliveness is not 100%. More like 84%. The dead part leads via crashing, unsteered momentum. The live part is dragged along screaming for its own good. “Acting dead” is really when the live part tries to lead the dead part. Never works. Turns into a drag.
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It's the same as that passive investment theory. Don't try to beat the market.
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