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Brad & Butter's avatar

Joke theory on cigarettes: it is not "discretionary" but fuel for a productive economy. https://www.psychologytoday.com/us/blog/the-scientific-fundamentalist/201010/why-intelligent-people-smoke-more-cigarettes

But for serious: the "plateau of latent potential" feels like bait for getting people into a "to the moon" scheme "you will see good returns later". Might need some pointers to high reward vs no reward schemes (other than the Pareto Frontier as quant proxy and "just read the fundamentals").

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Market Sentiment's avatar

Haha. I didn't know that about cigarettes.

Second point is fair. The underlying quality of your investment is always important.

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