Quote:
Originally Posted by jjgallow
There are two kinds of trades:
1. Sacrificing the future for now
2. Investing in the future for future
Guess which one of those trades tends to look better in hindsight.
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Quote:
Originally Posted by jjgallow
That is why it so rarely makes sense to spend, rather than invest.
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Sure, most trades don't result on a Stanley Cup. That doesn't mean they were bad. We're dealing with probabilities here. Does Toffoli increase the expected value of Stanley Cups won more than the assets given up?