May 9, 2025

Marginal Utility

  • If you're making $60K, and you get shorted $1000, you notice that, and it hurts - it matters.
  • If you're making $600K, and you get shorted $1000, it's no big deal at all - it really isn't.
  • If you're making $60M, and you get shorted $1000, you don't even know it's missing.


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