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Also, if someone offered me USD 10 billion right now with the stipulation of a lifetime ban from any sort of activity involving poker / business / finance / capital markets, I would reject it. Anyone else as crazy as me?
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Hell no.
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put me in the hell no camp.
does't mean i can't read & study finance...just means i can't be in the industry work wise (and i get all that money to manage myself...if that is not allowed i'd still take the US10bil and do a whole lot of travel, reading & good w/ it)
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Barron,
Do you really need something as big as 10bil though?
You don't think you can use your reading / studying / mental abilities to eventually make enough $$$ to do the same travelling & helping people while having tons of fun making the money yourself?
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but there is a cost to uncertainty. having the money now nullifies that cost and allows me absolute freedom to study what i want when i want.
like right now for instance. i have a reading list that i want to get through. but i'm so enjoying the black swan that it is taking me some huge amt of time to read. one major reason is that i branch off and explore anybody that Taleb recommends.
so now i have 2 large texts downloaded from the internet archive by henri poincare (science & hypothesis, & mathematics & science: last essays). if i had freedom of time w/o pressing job considerations & my own learning syllabus on the horizon, i'd break to read the poincare books.
then i'd meander back and forth from taleb to poincare until black swan is finished & then go back and finish the other books.
but since i must first make tha mani (i.e. secure a job), i cannot explore the more superfluous readings & instead plan to stick to my curriculum.
further, with $10bil, i could wake up to a symphony every morning and have them play pleasurable reading music for me [img]/images/graemlins/smile.gif[/img]
Barron