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Averaging Up
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  • About
  • Mental Models
  • The Infinite Investor
    • Preface & Table of Contents
    • Chapter I: The Lie of the Average
    • Chapter II: Ergodicity and Behavior
    • Chapter III: The Foundation
    • Chapter IV: The Four Buckets
    • Chapter V: The Lenses
    • Chapter VI: The Selection Process
    • Chapter VII: The Exceptions
    • Conclusion: From Finite to Infinite
Averaging Up

Month: May 2026

Growth That Pays You – When the Cost of B Goes Negative

Posted on May 4, 2026May 4, 2026

 Listen to the deep-dive discussion – Harvesting Freesurfers during market panics (17:13 min)   “Growth at a reasonable price.” — Peter Lynch What if the price is not reasonable, not free — but negative? I. Three Generations of the Same Question Every generation of investors has asked the same question: what should I pay for…

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