The amount of midcurve tendency in tradfi is hard to understate. The vast majority of it is geared toward encouraging it.
Almost every investing mistake I made was due to midcurving the problem I'm analyzing, and almost every outlier investing success I've had is because I consciously tried to avoid midcurving the problem I'm analyzing.
The entire tradfi corporate world rewards and retains the mids. Actually started in public schools.
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