the vast majority of investors encounter a hungry Robinson Crusoe whom they see is catching fewer fish, which seems to make his operation unattractive, and they want no part of it. However, the savvy minority of investors—appreciating Austrian insights—can see beneath the surface, and recognize when Crusoe is hungry not because of sloth or ineptitude, but because he is currently investing his resources into building a boat and a net. The Austrian investor sees the fish jumping offshore, and realizes that Crusoe’s inability to catch them is merely a temporary condition, as Crusoe is preparing
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