The US capital markets excel at efficient capital allocation, but public markets increasingly resemble casinos with speculative, negative sum instruments. Diversified index funds are positive sum, ...
Tariffs and trade agreements are a complex subject and going down the rabbit hole can result in endless and ultimately pointless discussions. Strangely, tariffs and trade agreements are simply a game ...
Chess, a zero-sum game, here seen played at a strategy session at Camp David in 1978 between the Israeli prime minister and the US National Security Advisor. The concept of zero-sum thinking ...
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