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Hail Mary: William L Silber on The Power of Nothing to Lose with Tobias Carlisle on The Acquirers Podcast

The Acquirers Podcast

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The Kay Is the Downside Protection

k joamoth led the jets to their only super bowl in the esadhe 19 69 superabl in january, sixth a.m. Why that? He was 18 point under dogs, so he had nothing to lose, and he could take some risk, ok? And that's ok, because he and the jets and unfortunate jet fan suffered. But we have to be careful, because sometimes, often, when there are big risks that people take because they are downside protection, the costs are borne by others. That leads to reckless behavior, causing ready collateral damage. So i guess, just to bring this back to your book, that suggests that the kay is the downside protection.

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