![]() ![]() You’ll learn how you can approach the market like a Daoist, to gain more money in the long-run. ![]() In these book summary, you’ll learn how withholding your investments until the right moment is better than directly pursuing profits, like most people would do. Though it seems counterintuitive on the surface, this wisdom can also be applied to markets: profiting by not investing. This idea didn’t originate in Austria however its roots are found in Ancient China, in the wisdom of Daoism.ĭaoists saw everything as a result of its opposite: hardness from softness, strength from withdrawal, advancement from retreatment. In the late 19th century, The Austrian School of Economics established a revolutionary new way of thinking about capital as a roundabout means to more productive ends.
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