“When there is no price for incurring excessive risk, more will be born. When there is no cost for failure, there will be more and more of it.” —Seth Klarman
Links - 11/27/2022
Links - 11/27/2022
Links - 11/27/2022
“When there is no price for incurring excessive risk, more will be born. When there is no cost for failure, there will be more and more of it.” —Seth Klarman