Effective systems acknowledge trust instead of pretending it disappears. How can capital identify strategies that last rather than those that fade quickly This is where the importance of long term thinking becomes undeniable Gross return and net return can end up being meaningfully different once the full path of execution is taken into account. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. A return supported by real dema...
