Thursday, November 26, 2020

Keep Playing

In a pure play Meritocracy, Mr Shaibel would tell you to resign before you even sat down at the table. If you knew the opponent was better, you would not bother to pull out the chair. A fundamental rule of money is that price is not value. The idea that money is a measure of merit is bizarre. All money is, is a balancing machine for supply and demand of things you can count, control, and contain. Money is made in boxes with barriers to entry. That allows us to learn to play the game even when we are not the world champion. The world champion is not always the opponent. We all have to eat, so we use multiple boards. You do not have to point potential clients to someone who does a better job than you. You get pieces. You play. Win or lose, you learn and keep playing.




No comments: