Our readingWhat is a korrent?
A margin only counts while you are still investing heavily, because cutting the investment raises this year's margin and lowers the long-term one.
Drawn from what Jamie Dimon said
Subjectinvesting
What this subject means
investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.
Mental modelSecond-order thinking