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The Games People Play With Cash Flow

  • Article
  • Dec 9, 2020
  • #Personalfinance
Cedric Chin
@ejames_c
(Author)
commoncog.com
Read on commoncog.com
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One way that first principles thinking fails is when you build your analysis up from a deficient set of base principles. Everything is correct and true, but you still end up mistake... Show More

One way that first principles thinking fails is when you build your analysis up from a deficient set of base principles. Everything is correct and true, but you still end up mistaken. Here's how that looks like in practice.

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Frederik Gieschen @NeckarValue · Jan 2, 2023
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Fantastic post by @ejames_c "Malone was, essentially, a hacker: he stared deeply at the thicket of accounting rules, tax laws, and possible business moves, and found a strategy that exploited the structural realities he found in front of him."
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