The best way to approach a risky trade is to stress test it on paper, identifying all possible loss scenarios, and then only deploying capital if you can articulate no plausible path to total loss.
normativepending
Speaker
Mike TaylorEvidence Quote
“how do I lose money? How do I lose money? And that is what I'm always asking myself... when I find these situations where I'm like, I'm not sure how I lose money, then I get really big.”
Source
Biggest. Bubble. In. Capital. Market. History | Mike Taylor 1-on-1 With Keith McCullough— HedgeyeCreated: 8/10/2026, 11:06:55 PM
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