[FoRK] Capitalism's Fatal Flaw
Ken Ganshirt @ Yahoo
ken_ganshirt at yahoo.ca
Mon Nov 9 15:41:50 PST 2009
--- On Mon, 11/9/09, Dave Long <dave.long at bluewin.ch> wrote:
> When playing with OPM, the OP can, and do, diversify their
> investments; from their point, of view, any avoidance of
> diversifiable risk by their managers (recall that in this
> world, a founder is an agent) is inefficient.
Ooops, you lost me there, Dave. Isn't diversification just another form of avoiding risk? That's what my investment advisor tells me.
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