Kelly Korshak: Taking Risks in Investing in Your Future with A.I.

When you make choices in life, you often incur an opportunity cost, whereby if you do one thing, you cannot do another, and so you lose an opportunity somewhere else in exchange for a better opportunity where you think it will be more valuable.

A track record of success would always be an uphill battle, but you should not limit yourself to chasing the same successes as people ahead of you. The key is to take risks and believe in your product or service.

Markets offer unique ways to make money, but you've got to understand the other side - who is going to give you the money? No matter how great your idea is, if you don't understand how to work within the rules of risk, you won't receive any funding.

A trader who only behaves according to market constraints, which are 0.4%, is unlikely to make money; in other words, he is not risking enough, so he needs to set up his portfolio so that it moves at some multiple of what the market moves every day.

Good ideas come and go all the time, but science marches on. Investing should be in a form of a very logical scientific methodology of seeing what is best and what is not, and that's what iFlip investors do.