3min chapter

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#70 Mark Spitznagel: The Dao of Capital

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CHAPTER

The Art of Economics in One Lesson

Going for the immediate gain feels so right. The pressing need for consistent and immediate profits is hardwired into our brains. So Clipp, Mark, other traders that use this method are doing the opposite. They're taking a bunch of tiny losses. But when they have the large gain, it's usually enough money to last a lifetime. And we're going to see how this applies to building businesses soon.

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