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Josh Wolfe
@wolfejosh
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Nov 11, 2022
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Excellent thread
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Nov 11, 2022
1/ The most seductive tool in finance is leverage. Increase it and your expected wealth goes up. Your time-average wealth eventually goes down, but that's not in textbooks, regulations, due diligence. Get lucky get really rich; otherwise (clients)
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Ole Peters
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https://www.upcarta.com/posts/30328
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