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How to Accelerate Learning Cycles
When he was at the Princeton Review, Michael Wolraich tutored 60 to 90 kids a week. He says it's easier for people to learn if they don't have to go through all that friction of learning and feedback. The same could be true in financial markets: JP Morgan outperforming does tell you something about those who want to look it up. And when it's underperforming, it's slightly good.