Replies to post #116170 on Lehman Brothers Financial SA (LEHNQ)

[stoxjock]

Hmmm. How so? How can LBHI 'differentiate" treatment of "Holders of CTs from Expert Market" vs "Holders of CTs at Traditional Brokerages" Legally, ie., without breaking the Laws?

Could you provide more color to your comment? TIA & GLTU!

[cottonisking]

I can be poor much longer than I could being rich.



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This phrase is a variation of the famous investing maxim often attributed to economist John Maynard Keynes: "The market can remain irrational longer than you can remain solvent". It means that being fundamentally "right" about an investment or goal doesn't matter if you run out of money (or patience) before the situation corrects.
Charles Schwab
Charles Schwab
+2
Meaning: Being poor (or holding a losing position) is a state of endurance that can last a very long time, whereas "being rich" requires sustained, often fragile, financial solvency that can vanish quickly.
Application: It highlights that, in life and investing, surviving and managing risk is more important than simply being right, as market insanity can outlast individual resources.
Context: It is widely used to warn against over-leveraging or holding onto losing positions based on a belief that the market "should" correct soon.
Related Sentiment: Another common saying is that "It's expensive to be poor," as a lack of capital often forces people into higher costs and less efficient, long-term options.
Facebook
Facebook
+4
Similar Proverbs:
"You can give up being rich, but you can't give up being poor."
"I've been rich and I've been poor, and believe me rich is better." — Often attributed to Fanny Brice or Sophie Tucker.
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Instagram
+2