Random thoughts while fishing at low tide. It is possible to win in a lose lose lose scenario. Bear with me here. Every once in a while i get lost. And then i go back to my training. Wall street. A decent education. Pitching. 3 assets. In this case humans. Unpredictable by their very nature. Are embroiled in a correlated mess. Asset A bows out not so gracefully. But bows out at a loss. But a known loss. Asset A saw it all coming. Assets b and c barge ahead at an unknown. According to generally accepted accounting standards asset A actually kinda wins because no more good after bad money. B and c have unlimited downside. Kinda like selling call options on tech stocks in the 90s. B is screwed a little more than C because doesnt have a clue as to A. If you got that then i also teach game theory and poker. Also i believe in divine providence and serendipity.
Posted on: Thu, 07 Aug 2014 17:52:17 +0000
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