This has been undermined in a deep way in last decade: new idea is risk is a necc condition for being human. Seeking no-risk = acting-dead.
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@vgr What risk? That you'll lose 10% of your holdings in a bad investment? Or that you'll wind up destitute? These are not equivalent risks. - 6 more replies
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@vgr sorry friend but that's incorrect. Completely off-base. Unless I am not a leftist, and if that's the case then I didn't get the memo. -
@thegreatzone I'm parodying a bit :) - 3 more replies
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@vgr I thought you were in the "money/capital is a social construct" (asf.) camp? On that basis, excess "stored value" = riskless? -
@AlexSchleber of course it's a social construct. Doesn't mean it's not valuable to accumulate. - 2 more replies
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