“An objective loss is impervious to how you feel about it or react to it. It's not subject to anyone's appraisal; it must be accepted without evaluation.”
More from Jim Paul
“In a continuous process there is no certainty of how or when the open market position will…”
“Look at things as discrete events... an activity with a defined ending point.”
“You must act.”
“At the end of the day your perception doesn't impact events. Your assessment of risk or…”