Breaking News #1: The Water In Which We Swim
Epsilon Theory Podcast
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The Importance of Common Knowledge in Investing
Once something becomes common knowledge, once we all know that we all know, inflation is awful. It's what you were talking about earlier, that widening gyre, the polarization we have in our society. Everything around a common knowledge issue, like inflation, has to be auto-tuned into either the Republican side or the Democrat side. And it's a crappy world when that happens.
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