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“The key is to free oneself from a tyranny of first consequences, overvaluing what comes first at the expense of what inevitably comes later. As Bastiat warned, “The sweeter the fruit of habit is, the more bitter are the consequences.”16”

Mark Spitznagel, The Dao of Capital: Austrian Investing in a Distorted World
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The Dao of Capital: Austrian Investing in a Distorted World The Dao of Capital: Austrian Investing in a Distorted World by Mark Spitznagel
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