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Where is Fair Value?, page-43

  1. 17,729 Posts.
    lightbulb Created with Sketch. 1646
    go take your basic financing principles to the bank and tell them you have an asset worth 10k but you'd like to borrow 100k against it because '' it's expected to gain in value''...see what they tell you

    This is the real world mate....if you want to rely on text books, use a demo account

    An unrealised loss is a loss...don't delude yourself otherwise

    You keep telling me what I need to learn...lol..good one
 
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