mhdempsey

Managing Partner at Compound, a research-centric thesis-driven investment firm.

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The idea of knowledge over money is romantic and one that I agree, is at times the right long-run bet. I understand you're arguing for diminishing returns here but the issue I've found is that some tiers of wealth *on average* allow one to access tiers of collectives of knowledge that meaningfully impact your ability to scale with lower effort (& thus at equal effort, faster).