Montag, 27. Oktober 2008

Verluste gehören zur Marktwirtschaft …

… wie das Amen zur Kirche!

It would be nice if you could get a guarantee in life that you’d never lose money no matter what kind of decision you made. But no such guarantee exists. It just happens that we live in an age where no one expects to lose at anything, ever. This goes for kid’s soccer games as well as financial markets. But if there aren’t real winners and losers, you don’t have a real market.

Quelle: Europe Faces Day of Reckoning in Emerging Market Debt

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