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Prediction Is Overrated: Why I Don't Try to Guess the Future

Key Takeaways: Focus on Structure, Not Predictions: Instead of trying to predict the future, it is often better to understand how financial systems are built. When you understand the structure of markets, you can make stronger and more reliable investment decisions. Freedom and Security Must Stay Balanced: Healthy markets tend to balance freedom and security. Investors can make better choices by recognizing how these two forces shape financial systems. Bitcoin Reflects System Imbalances: Interest in Bitcoin has grown as people notice problems in traditional systems, especially the imbalance…

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