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judgement

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Most people can draw obvious conclusions about situations. But if you only think the obvious, you’re just like everyone else, with no edge in investment or life. Reality is complex. The ability to make nuanced judgement allows you to stand above the rest. Here’s how to do that👇 Most people are what Howard Marks calls “first level thinkers”. They think simplistically— “Growth is slow and inflation going up, let’s sell our stocks”, or “This company…