Play Long-term Games With Long-term People
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Description
Pick an industry where you can play long-term games with long-term people. All returns in life come from compound interest over many turns of the game.
More Episodes
Externalities let you account for the true cost of products by including hidden costs like environmental damage.
Published 07/31/19
What future income is worth today by applying a discount to its future value.
Published 07/29/19
A lot of people are willing to pay more than what companies charge.
Published 07/25/19