The Punch Card Rule: What If You Only Got 20 Investments for Life
Warren Buffett's punch card rule imagines an investor limited to just 20 decisions across an entire lifetime. The artificial scarcity changes everything about how you choose.
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Warren Buffett's punch card rule imagines an investor limited to just 20 decisions across an entire lifetime. The artificial scarcity changes everything about how you choose.
AI lowers the cost of specialised execution and raises the value of judgment. The answer isn't one or the other—it's both.
As AI reshapes industries and capital flows, it's not just creating new wealth—it's redistributing opportunity. Whether that narrows or widens the wealth gap is one of the defining questions of our time.