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Is There a Difference Between Near Transfer and Far Transfer?
Many of the great investors have been very serious game players. John Templeton told me once he put himself through college during the Great Depression with his winnings from poker. Ed Thorpe was a brilliant gambler who figured out how to beat the casino at Blackjack and then Baccarat and even Roulette, which is crazy. Buffet and Munger passionate about Bridge.
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