The Theory of Absolutivity

There's no place for gray areas in the financial markets. Profit and loss, as well as solvency and bankruptcy, are very absolute realities.

The Unforgiving Markets

Investing is one of the few fields where our beliefs and our attitude have a very direct bearing on our fortunes. They do in our lives as well, but the effects here are much more immediate and pronounced.

Having the wrong beliefs or the wrong attitudes can result in some rather brutal punishments in the stock market. This is why it's very important to be honest with oneself (above all), and introspective.

The stock market is no place for aggression or blind enthusiasm; unless of course, you're risking someone else's money (see Moral Hazard).

Financial profit and loss are absolute realities, and every investment decision is either right or wrong. There's no place for gray areas and vague definitions in the financial markets. You can have them, but they won't get you far.