The Cycles of Losing Money

"The no hope is to live in the delusion that if you run a business, losing money is a viable option," he says. "We're not guessing up here. This is cycles and when you haven't been through one, you don't know the context" He adds: "When I ran CA, there was only one thing that was important... We were going to rise or fall on our own deeds ... And we've commented on that."