An Analogy on Market Efficiency and Cards An Analogy Regarding Supply Side Economics

An Analogy Regarding Investing and Olympic Diving

Investing is not like Olympic diving where if you can do a very difficult dive, the payoff is greater - if you do it well - than if you do some very simple dive. You're paid just as well for the most simple dive as long as you execute it right. So there's no reason to try three and a half somersault dives when you get paid just as well for just diving off the side of the pool and going in clean.