Just For Fun #2: No Free Lunch

Have you ever heard that phrase? “No Free Lunch”. I learned that phrase from my finance professor in college. He was a great guy. A short man. A Vietnamese man. An extremely smart man. He would call me mister superstar. It was a joke of course. I was no real superstar.

Anytime he would go through a section in finance class it would always come back to, “no free lunch”. We would be talking profit margin analysis, the Black Scholes model, or net present value and he would always end it with, “no free lunch”.

I carried that with me to this day in many aspects of life. It is helpful to have in the front of your mind in both personal and professional experiences.

For example, if you are on a dating app and you have a woman reaching out to you and she sends you multiple nude pictures, her address, and her bank account number that might be a sign of “no free lunch”.

If you get an email from someone and they tell you about this great opportunity and how it pays $300,000 a year, you don’t have to go in the office, you can work 25 hours a week, and you can eat as many company paid for Lunchables on your lunch hour, that might be a sign of “no free lunch”.

“No free lunch” to me means that if something sounds too good to be true, dig into it. It means that if someone tells you something that sounds believable but could be off, dig into it. It means that if someone tells you they can make you a return of 120% a year on your money, dig into it. Basically, don’t take what you hear at face value. Take it with a grain of salt, then, dig further into it yourself.

Remember , no free lunch. There’s always a catch.

Be well, stay young.

-The Unmodified Opinion