I've been really getting into Live on the the Margin, which just came out from Pat Schulte (s/v Bumfuzzle) and Nick O'Kelly. It's primarily a book about leverage and technical analysis, which is why I wanted to read it. What I hadn't expected was all the other great content in the first several chapters. Pat and Nick spend some time talking about why this lifestyle is a reasonable choice and not mere indulgence. Their analysis of financial, economic, and political dynamics actually verges on praxeological. Good stuff!

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