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A comment on How to Earn a Billion Dollars. Parent comment
Say, for example, my job is allocating capital across the roulette wheel. My work is picking the numbers, the fruits of my labour are excess returns.
Are those returns not work? What are they?
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Say, for example, my job is allocating capital across the roulette wheel. My work is picking the numbers, the fruits of my labour are excess returns.
Are those returns not work? What are they?