Learning and feedback loops in investing are more effective with frequent feedback (monthly returns) than with infrequent feedback (annual or longer cycles), because investors with more cycles in their career (more learning events) develop better intuition about what actually predicts returns.
causalpending
Speaker
Dan RasmussenEvidence Quote
“The more feedback we get, the more we learn. Uh, the less feedback we get, the less we learn... if you're getting your feedback on a 10-year cycle... You might have three cycles in your working life [31:09]”
Created: 8/11/2026, 8:01:35 AM
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