• Kenny


Two people, A & B meet at a coffeeshop to catch up and talk about the recent state of things. A says, "Times are bad, this pandemic has really disrupted all my business and meetings. And I've lost so much money in one of my ventures". B nods in agreement and says, "Yes. It's really bad. I invested in this company awhile back and lost something like $5,000. It's really a struggle now". A replies, "That's not a struggle man, $5,000 is nothing. My losses are in the hundreds of thousands."

  • Everyone's perception and threshold of money and risk are different. A thousand dollars are very different to the average person and a millionaire.

  • Knowing that someone else lost more money than you does not make you feel better; Conversely, telling someone else that you'd lost more money doesn't make you feel better as well.

  • Risk and reward is always equitable and pro-rata to capital contribution i.e. you cannot expect to get more than what you put in. Be rational and at peace with what you have invested and taken.

  • A fool and his money are soon parted.



Wednesday, December 31, 2003

Learning, knowledge and staying up to date with the news and what's going on in the world is your own personal responsibility. The same...

Saturday, July 4, 2020

There’s nothing you should regret in life - all the good things that you have today are a result of everything that has happened....

Thursday, July 23, 2020

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Sunday, July 26, 2020

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Sunday, October 18, 2020

In 1990, a psychologist quoted in the New York Times reported that people “turn on the TV when they feel sad, lonely, upset or worried,...


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