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M*: One Simple Trick That Will Help You Invest Better
FYI: Last week, I talked about present bias and psychological distance, and how the physics of psychological space warp our estimation of the value of things that feel far off. This week, I’ll talk about how you can use the laws of psychological distance to your advantage. Regards, Ted https://www.morningstar.com/articles/945680/one-simple-trick-that-will-help-you-invest-better