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Exploration vs exploitation
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X @Balaji
Balaji· 2025-11-21 17:07
Investment Strategy - Optionality is not the only key to success; long-term relationships with a single party can be more beneficial due to compounding effects [1] - Balancing exploration (optionality) and exploitation (commitment) is crucial, similar to the multi-armed bandit problem [1] - Optionality is considered a highly underrated form of wealth applicable to various aspects of life [1]