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Re:Harry Browne’s 17 Golden Rules of Financial Safety (2013) by kqr on Sunday September 03, 2023 @04:33PM (#37374251)
Reminder: it takes as long to get from 100 to 1,000 as it takes from 10 to 100 -- it is really important to avoid big drawdowns, which 2× leverage is almost sure to produce.

If anything, optimal growth requires fractional leverage, i.e. keeping wealth out of the markets.

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