4min chapter

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#58 John Bogle: Enough: True Measures of Money, Business, and Life

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CHAPTER

The Importance of Balance in Business

The book is based on Occam's razor which states that simpler solutions are more likely to be correct than complex ones. The author says the way we act and the way we measure things are in conflict with each other. He also talks about some of the corruption that occurred during the financial crisis where basically their incentives were not aligned to actually verify that the numbers that they're supposed to be reporting on weren't accurate.

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