Takeaways from this week’s Breaking Smart newsletter, Betting the Spread on Inexorables:

Try multiple ultra short-term bets around a shared assumption.

Don’t stick with something you don’t find valuable just so you “aren’t a quitter.”

Constantly question whether or not the next step is what will produce the best results.

Bet the spread, then switch between parallel bets as data changes. Work isn’t the horse races. You can change bets whenever you want.

There is a difference between unfocused dabbling and betting the spread around a central inexorable trend. That difference is that learning and outcomes around that single trend compound. Unfocused dabbling doesn’t.