WP,
How on God's green earth will "knowing" something you call root base, fundamental "value" help you make money? If you can determine that, with 99% accuracy, laying up a golf ball to the side of a water hazard so you can 3 stroke around it to the green will "guarantee" you that you won't lose a ball (and suffer a lost ball and a lost ball penalty) will that make you score better as a golfer?
Maybe you are supposed to lose 1 ball out of 10 by aiming over the water hazard to get to the green in one or two strokes, rather than the safe 5 strokes?
RISK is not determined by how do I avoid losing a single penny 99% of the time, RISK is determined by how do I optimize by reward:risk ratio so that, over time, my gains outweigh my risks by a healthy factor.
In golf again, expect to lose 10 balls in water hazards over a season's golf if you want to shoot in the low 80s. They're just golf balls, after all. If you never lose a golf ball you are destined to shoot 112, 108, 116 . . .
And that ain't the way to play golf.
Kb |
