Thursday, April 23, 2009

Horse Trading

When horse traders start trading, do they ever think about the horse?
No, of course not. Only its exchange value to them matters.
If they are wise, they also make sure they are backing the right horse in the deal...because if they make a mistake, they've thrown away the valuable horse and they're left with a nag that's not going to win any races ...and they get nothing.

And in the meantime, how does the valuable horse feel? Right at this moment, I have a very good idea.

What am I talking about?
Well, let's say I am not going to get to see the Viennese Lippizaners any time soon.