Investing Aptitude

  • Aptitude is the rate at which you level up, by changing the nature of the problem you’re solving (and therefore how you measure “improvement”). The interesting thing is, this is not purely a function of raw prowess or innate talent, but of imagination and taste.
  • This is a nice way to think about learning in investing – as returns to a particular area diminish, it is key to open a new front.
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