The task at hand is simple….make further progress on our 25 Sayings on Vol and Risk. I’ve certainly had some fun with the first 15. Somehow, in the context of this exploration of market risk philosophy, I’ve managed to quote both former President Ronald Reagan and Seinfeld hack comedian Kenny Bannia, summoned the wisdom of Wolf of Wall Street’s Mark Hannah and referenced both Morgan Stanley’s James Gorman and Optionseller.com’s James Cormier. My promise remains to get you in and out in under 30 minutes, less time than an episode of Curb Your Enthusiasm.
Sayings 16 through 20 are…
- “The money money makes, makes more money.” (Ben Franklin)
- “ROMO is the risk of missing out.”
- “Risk-on and risk-off are curious cousins.”
- “Accident-free finance promotes the selling of accident insurance.”
- “Price is the only fundamental.” (Someone)