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90 - Offense wins Games. Defense wins Championships w/ Jason Buck
The Trade Busters
The Holy Grail of Leverage
The ratio I worry about most is what we call Mar ratio. It's your keger over the very long term divided by your max drawdown, right? And if you, to me, the Holy Grail is getting that as close to one as possible. So why two X or 2.2 X in our scenario? Once again, it was like, think an unlevered version of what we do is fine. It's just you have to leverage it for capital efficiency.
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