aleajactaest: Re: Discussing Risks
Just thought I'd pick out a morsel from your post to make a point: I suppose you are characterizing many of the Wave longs of old
you said
"...a willingness to gaze into the future at potential returns but a reluctance to discuss risks"
This is somewhat true, but the reason is what you miss;
Most "Wavoids" understand the risks. But don't discuss them because IT IS BORING!
The risks are:
-might run out of money
-may never get accepted by the market
-may get trumped by another technology or company
-may get mismanaged
OK thats it. Each of these risks is real and significant. What more is there to discuss? Any other risk discussion is a subset of this that is well understood and has been accepted. So unless real "new stuff" comes to light, its just re-hash to most.
Its the great potential of Wave that makes discussion on this board interesting to "Wavoid" longs...
I think a more accurate description would be "a high confidence that Wave will succeed despite significant risks, but unwillingness to argue over it with others".
I could go on about other statements, but this makes the point.
Hope you understand some better now.
-P
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