All the information is often quite bland, but if you just extract a subset of that information and rearrange it, you can construct any story you like.
Allowing only answers and not questions is a form of mental control.
1. The ROI just isn't there—internal overhead eats into it. Might as well buy the finished product outright.
2. Risky, unstable. Let someone else be the test subject while you lurk in the background, ready to pounce.
Then again, you could always let the deal lapse and acquire it for pennies once they hit insolvency.
You need to make shrewd decisions in every phase and at every crossroad. Choice trumps effort—this applies not just once, but every single time.
Certainty.
So selling is about selling expectations — packaging uncertainty into a definite expectation.
For a professional gambler, what you win doesn’t matter at all. As long as you keep playing, you’ll eventually win. But gains and losses spring from the same source—how you win is how you’ll lose it back.
The single most important thing in a professional gambler’s life, and indeed the only thing that matters, is avoiding that reversal: keeping losses from wiping out his winnings. That discipline is what changed his fate, letting him walk away with what he’d won.
Essentially, the problem isn’t a decline in total population, but a shrinking tax base—an imbalanced demographic structure where more people are spending than earning.
Any policies that boost the effective working-age population are likely to be implemented.
Think about it: risk, return, and liquidity—why is this an impossible trinity? If liquidity can be placed on the same level as risk and return, it must be a matter of life and death.
Return is life, risk is death, and liquidity is the boundary between the two.
When it comes to investing, liquidity is the only factor you can actually do something about.
The role of the fourth party outside the triad:
1. It can replace one of them.
2. It can balance the one that is over-relied upon.