Mar

25

1-2-3
Keep it simple.
3-4-5
The Ideal seldom,
5-6-7
Presents itself,
7-8-9
All at once.

Sushil Kedia writes: 

My 2 cents:

1. A reward can only come from change.
2. Change, though is the only constant, its expectations are never across people or time.
3. Hence, uncertainty of change only allows for trade to occur. If all are certain ever of the amount and time required for change, prices will only jump and no trade will happen and hence no profits possible.
4. Risk thus is a twin-sister of rewards.
5. No Risk = No Reward.


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1 Comment so far

  1. lon on March 29, 2012 2:43 am

    @ Kedia

    Re: #5

    Unless you live in the privileged realm of being too big to fail. OPM is the foil to your assumption.

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