One law of finance

From The Jolly Contrarian
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Banking basics
A recap of a few things you’d think financial professionals ought to know


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There is one thing to remember, at all times. A truth so eternal it should be on a pedestal, next to Newton’s laws of mechanics. Indeed it is a derivative of Newtonian mechanics: There is no perpetual motion machine:

If you stand to make money, you stand to lose money.

See also