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He failed to recognize that what works best in most cases is to appeal to a man’s interest.
Charles T. Munger • Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
Jason Stirman
@stirman
Daniel Machlup
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Christopher Pergolizzi
@pergonomics
More Than You Ever Wanted To Know About Volatility Swaps
Explores volatility and variance swaps, their properties, uses for trading and hedging volatility exposure, and methods for replication and valuation using options, while addressing practical challenges and implications of volatility skews.
emanuelderman.comSecond, you need to monitor your track record in areas which you have, or want to have, a circle of competence. And you need to have the courage to monitor honestly so the feedback can be used to your advantage. The
Rhiannon Beaubien • The Great Mental Models Volume 1: General Thinking Concepts
reward. For instance, some people use money to buy status, and others use status to get money, while still others sort of do both things at the same time.