Royal Flush

How many fortunes have been lost in the course of trying to stanch a loss? A pile of chips is an ineradicable memory. You are flush with money (albeit in surrogate form)! Dramatic shifts often occur effortlessly while batting an eyelash. Hi tech hubris, in fact is measured in bytes of data. Overnight you may find yourself under water and in debt to the house. In Democracy in America De Tocqueville talks about the lability of a society where one generation can be rich and the next poor. The impoverished aristocrat is not an anomaly—though the American aristocrat is really one of Disney's Aristocats. Bastille Day occurs, in theory, every four years. Loss aversion is the psychological concept explored by the Nobel prize winning economist, Daniel Kahneman, but it’s a fear and tempering mechanism that is too often lost in the heat of battle or battle--or lust.