Posted: 8/5/2014
Dedication
Dedicated to those who think free markets are all about greed, deception and unscrupulous acts; busts and booms; or who deny that free markets are self-organizing and self-correcting!
Pigs Get Slaughtered!
Anyone who was or still is an active trader in financial assets knows what I am talking about! This is one of the first lessons most active trader have either learnt through education or by own humbling experience.
It simply means that those entrepreneurs who are too greedy or too overconfident will lose big or everything! This maxim does not only apply to financial markets. It applies well beyond! However, financial markets can be very brutal and swift to pigs like no other market.
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