H explains why he always bets against his favorite baseball team:
If they win, I am happy because my team was victorious.
If they lose, I find solace in having won the bet.
A dear friend relayed this true story about a shared acquaintance from our high school days.
It is an adolescent's attempt to reconcile the tension between the mathematical and psychological components of investing.
Comments 3
That’s what I call risk management! Heads I win…. Tails I win!
Author
Downside reduced to zero!
Speaking of Buddhist Kaon, I considered the sound of one hand clapping. It’s sound is not actual. It’s sound is entirely potential. Alternatively, it’s sound is not real, but imaginary.