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The content is wrong too. "Your cost of failure is zero, not to say negative." -- no. Opportunity cost: enormous. But I guess this is where he invokes "Ignoran
by whacked_new 19y ago
The content is wrong too.
"Your cost of failure is zero, not to say negative." -- no. Opportunity cost: enormous. But I guess this is where he invokes "Ignorance is bliss."
- misterbwong 19y agoInstead of saying the cost of failure is zero, I think the author should have put it in terms of risk tolerance. In general, people younger in age have less to risk, thus 100% risk while younger < 100% risk when you're older.