In response to:

How Do You Keep Score?

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People keep score in different ways. Even different games keep score differently. Tennis isn’t like basketball. Rugby isn’t like Football. In business, most people look at the scoreboard in terms of money. Since I grew up in the trading world, it was all about the money. Traders made and lost money and that’s how we kept score. Making a bunch meant you were right. Losing money meant you were wrong. It was pretty simple.

Different traders did different things with their money. Some saved it. Some blew it on fancy cars. Some of it went up their nose. Wild trips,...