This kind of analysis makes use of the information embedded in prices, but it won't tell you what will happen to the bond and stock markets if something unexpected arises — like Greece suddenly running into a credit wall.
Wankoff also recommends having a support system of friends, family, neighbors and co-workers who are willing to jump in and help when something unexpected arises.
All organisations sometimes face tricky circumstances and even those with the best will find that unexpected costs arise.
Second, any plan should move very gradually (think a decade or two), to allow adaptations and mid-course corrections as unexpected problems arise.
As things in town start to get ugly (as we knew they would), the differences of opinion separating Micah, Susan and Gene begin to blur, and unexpected affinities arise.
Still, in real terms, the 7.4 percent profit margin that the company had last year translated to just $21.9 million -- a figure that can quickly disappear, like a perfectly done crown roast left within reach of a hungry dog, when unexpected costs arise.
Set up a procedure for requesting special distributions should unexpected needs arise.
Our recommendation: At NSF, include the new and risky directions in your proposal and when unexpected opportunities arise, call your program officer.
This may help convince readers that they share a common conception of the straight line, but it is no use if unexpected difficulties arise in the creation of a theory as we shall see.
