God is fair most of us are endowed with all 5 sense, our sight, touch, smell, hearing and taste. In some circumstances when one of our 5 sense fail, the other of our remaining senses will improve over time with use to reinforce our perception the environment.
Running the Jazz club many years I have came to realise that God is indeed more than just fair. Not only do we have 5 senses we do have the ability to develop senses outside of the 5 given to us. These sense each though not physical senses, but more of a way of perception, when developed to a heightened level would each in itself give us an added advantage over the rest of our counter parts in that specific field that this sense is most suited for.
One night when talking to John over some whiskey, he described to me what is known as the money sense. This is a very very important sense that one must horn to a heighten level should one attempt at money making that is out of the regular method (the stable wage lifestyle)
A person with a heightened money sense will first and foremost observe the potential rate of returns when presented with an opportunity.
Here is a schematic overview that one such individual goes through when analyzing an opportunity.
- What is the initial capital outlay required?
- What is the maximum potential returns?
- What is the maximum potent loses?
- What are the alternatives available?
- If there are alternatives available, what are the alternative capital outlay required, their maximum potential return and loses?
- How much percentage of your total asset is require for commitment to this venture?
- Is this opportunity subjected to upward black swan effect or downwards black swan effect?
The best choice would be one that requires smaller amounts of capital for the most level of maximum potential returns and least level of potential losses while at the same time be subjected to upwards black swan effect.
Sticking wising to this schematic framework will further help us buck my life
