So, in a way I was hedging and saying that if the Olympic stuff doesn't work out at least I can be a lawyer.
You should avoid hedging, at least that's what I think. You should be ashamed to die until you've made some contribution to mankind.
I've had that my whole career. People were always hedging around the question of: Why are you so dark? What happened to you?
Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising 'Take two aspirins'?
This was not some pretty little girl, coyly flirtatious, delicately stimulated. This was the mature female of the species, vivid, handsome and strong demanding that all the life within her be matched. Her instinct would detect any hedging, any dishonesty, any less than complete response to her - and then she would be gone for good.
[Donald Trump] hedging his bets because he's used to buying politicians.
