People who delight in post-Keynesian monetary analysis are at slightly increased risk for exuberance (montary velocity, APR financing, etc.) So keep your budget curve in check. Market speculation, interest compounding, and differential cost benefit approximation can be wonderful only in reasonable doses.
- crappy online financial manifesto
I beg your uncalculated pardon? Keep my budget curve in CHECK? From INVESTMENT? What? And what the hell is a REASONABLE dose of market speculation?
The day I hold myself back from investments because I'm worried about being irrationally exuberant is the day I cease being the Proxy Thing. I'm comfortable with my exuberance, no matter how much they put me in red.
PT |