It's that time again. I admit, sometimesI just can't resist laying out some ofmy collected adages, old saws, andfinancial homilies. Maybe I was overdosedwith fortune cookies as a kid. Butplease note on the plus side that I havedrawn the line at not recommendinglottery numbers.
Buying a stock position graduallydecreases risk, while selling a stockposition gradually increases risk.
Well, it appears that people love tocommunicate in absolutes. But keep inmind that life and money matters areambiguous, messy, and difficult. Somake what you will of these nuggets.I'm sure they'll mean something tosomebody; I'm just not sure what.
Jeff Brown, MD, CPE, a practicingphysician who is a partner onthe Stanford University GraduateSchool of Business Alumni ConsultingTeam, teaches in the StanfordSchool of Medicine FamilyPractice Program. He welcomes questions orcomments at firstname.lastname@example.org.