* Please do pay for the advice of experts and consultants. I'm sure there's a couple of useful ones amongst the subgroup who don’t speak in riddles and who put their own money where their mouth is.
* Please do engage in hedging and diversification to manage risk. Can’t spend enough on safety! I mean, what else can you do if you’re not sufficiently convinced that some company is super cheap vs earnings?
* Please do spend lots of time and money dwelling on volatility. Hey maybe it will reduce your risk!
* Oooh the “mark at the poker table” thing. Very hedge fundy.
Truth is, I constantly feel like the mark. Like everybody is out to get me. I've considered legally changing my name to Mark but I'm Dutch so it doesn't make much sense.
I feel like a mark with most management teams whose companies I’m looking at. I feel like a mark when people try to overcharge me on the market. I especially feel like a mark when financial services people offer me better research and better trading tools. Since ~2003 I’ve been afraid the entire planet has become a mark for finance.
The good thing is, when I feel like a mark, I don't act. I've never felt like a mark more often than today.
Anyways, if you think we're sitting on the same table, come and get my money. I from my side think you're just 20 years late to your table.
Good luck hedging dude! Being a self admitted gambler, you’ll need it.