HOW IT WORKS IN THE REAL WORLD
Consider this chapter the CliffsNotes on the CAPITAL strategy. In fact, if this is the first chapter you’re reading—just like the savages who read the ending of fiction novels first—the following pages may serve as a template for your own strategy.
At the risk of sounding like a broken record (to quote Plato, “There is no harm in repeating a good thing”), I will restate the fundamental basis of the CAPITAL strategy. The strategy and its actual execution is relatively straightforward and easy to understand. The beast to slay is the near-inability to act consistently over long time horizons, particularly when the ...
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