Overview
Cumulative Advantage or The Matthew Effect follows the old saying that “the rich get richer, the poor get poorer.”—Nilus Mattive
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7 Mental Models That Will Make You a Better Investor - Paradigm Press, LLC.
In 1994, Warren Buffett's business partner and friend Charlie Munger gave a speech at USC Business School about the art of stock picking. What students didn't know was they were really in for a lecture on how to become a better thinker - or, as Munger put it, proficient in elementary, worldly wisdom.
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