When You Want To Control Risk, Sometimes An ‘Ace Up Your Sleeve’ Is Better Than A ‘Plan B’

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Here’s something they don’t tell you. Sometimes a “Plan B” does more harm than good.

I don’t have many regrets in my life, but I do have a few. For example, I should have listened to my brother and never sold that 1965 Topps Joe Namath rookie (in mint condition). We paid less than a dime for it and sold it for $125 a short time later. Sure, it was a pretty good return. Today, however, that card is worth $200,000 or more.

Oh well. You win some, you lose some.

But that’s not the regret that gnaws at me. This is the one that occurred in 7th grade. And, ultimately, a different type of card.

I began playing the violin in 3rd grade. It wasn’t my first choice. I kinda liked the idea of the Continue Reading “When You Want To Control Risk, Sometimes An ‘Ace Up Your Sleeve’ Is Better Than A ‘Plan B’”