Prepare to be Wrong

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10/28/2008

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Labels: 60 minutes, cbs, credit default swaps

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Capital is Scarce

Capital must always be treated as scarce, as scarcity requires choice.

"If you are not prepared to be wrong, you will never come up with anything original."
Sir Ken Robinson

"Our doubts are traitors,
And make us lose the good we oft might win
By fearing to attempt"
William Shakespeare

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Solfest on Trading

Why you should not be a trader
One Result, Three Outcomes
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The Art of Doing Nothing
Anatamy of a Trade
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About Me

Solfest: Solfest is a former rancher, banker, commodity trader, and back to rancher who is currently very long cattle.

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Disclaimer

This blog is for information and entertainment purposes only. Any attempt to copy my trading methods will cause you to lose all your money. You cannot trade my plan. In fact you probably can't trade anyone's plan. So if you try to trade at all you will lose all your money. With that in mind you should not read this blog as it may cause you to try trading. This attempt at trading will result in you losing all your money, your wife leaving you, your children hating you, and you will become homeless and live in your car.

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