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Thesis & Presentation

Do High Networth individuals know the term THESIS well enough?

I've noticed some people don't know the term THESIS. What is the best approach regarding this? Always explain upfront or just wait for people to mention they don't understand?
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It's generally suboptimal to use terms like "thesis" without explanation, as many people may not understand the terminology and its benefit. It's advisable to explain upfront to ensure clarity and engagement.

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