ItsAll (is that a Jewish name, like Itzhak?) wrote, doing his best to be convincing, if not to us, then at least to himself:
"I'll probably never go about 20% to 10% in any one position again. I'll probably never go more than 50% in any one sector."
The road to Hell is paved with interlocking pavers embossed, "PROBABLY." (The underside is embossed, probably not!)
That sounds suspiciously like the oilman's prayer, "Oh Lord, just give me one more bull market in oil prices and I promise to get out at the top." Since you bring up crack addicts, doesn't it resemble, "I'm getting off the hard stuff, no more blow for me, just a little weed from time to time."?
Repent, repent, all sinners. Blessed are the position managers, for they shall sleep at night.
Pax vobiscum,
Kb |
