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What's the Difference Between Local and Global Benefit?
Forcus ik: People tend to optimize for local benefit rather than global. The people who can simply optimize for global benefit are the ones that get biggest compounding returns over the long hall. He says all gains come at the end unt i mean, and so many guys are like, they're doing 80 % affort in three things where if you just did that extra 20 for one thing, would get more on everything else ame leveson's with an outsized absolute return.