That helps to explain why only experienced investors are allowed into the game.
But even firms that are seeking only experienced staff are keen to meet students who they may poach later.
Only experienced innocence can combat cynicism and pessimism so rampant these days.
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Paul Fry, diving officer for the Kendal and Lakes Sub-Aqua Club said only experienced divers would take part because of the "hostile" conditions.
With Connor likely to be sidelined for some time, Adam Bartlett is now the only experienced goalkeeper on the Edgar Street playing staff.
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So specialised, in fact, that Bob Richwine, the head welding teacher at the college, said he had never heard of them, and so difficult that only experienced welders could attempt them.
"I have only experienced Colonial Stadium as a spectator, so to play there will be a great thrill, particularly as it will be the first time I have represented Australia in front of a home crowd, " Watson added.
His horses were ridden only by experienced trainers for training and show purposes.
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The batting order is harder to predict, with only the experienced Watts assured of a place among the openers.
The surge of interest in Notre Dame merchandise is not only being experienced in and around South Bend, Indiana.
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The Frenchman is adamant he will sign only one experienced player before next season gets underway, despite pressure from supporters and the media to bring in new faces.
Something about the mixture of African, Caribbean and European rhythms combines to create a sound, and a moment, that can only be experienced in New Orleans, in a small club with lousy acoustics, filled with residents from the surrounding neighborhood.
Even Hurricane Sandy reminds us that the U.S. Northeast has experienced only one major hurricane strike since 1960, but experienced six major hurricane strikes during the 1930s, 1940s, and 1950s, when global temperatures were cooler.
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It allows only its most experienced sky divers to participate, says its president, Derrick Krakau.
When the firing starts, only the most experienced and disciplined under fire will be able to respond.
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New York has experienced only 2.06 inches of rain the past 20 days after a winter that set records for snow, which funneled water to tree roots.
In fact, the scores from passengers who experienced long delays but good communication were about the same as scores from passengers who experienced only minor delays, but thought the communication had been lousy.
For most consumers, home monitoring and automation systems have been a thing of the future, or a luxury experienced only in high-priced hotels (not unlike the ones many of us are staying in this week in Las Vegas during CES.) This year, though, these type of systems seem to be becoming more mainstream as the cost of devices, installation, and usability is significantly reducing.
Of the top ten smartphone OEMs, only Samsung and Sony experienced sequential growth in shipments over 4Q'2011.
"Experienced VCs only do this as a last resort, " says Wade Woodson, managing director at Sigma Partners.
Out of 7 managers over 4 separate periods, only one manager in only one time period experienced a small loss.
This sort of gut intuition can only be discovered and experienced when brand owners are truly in touch with the IP and minding the store.
While at Hearts, Houston experienced his only Scottish Cup final to date, when the Edinburgh side lifted the trophy in 1998, and he wants to bring the same level of success to Tayside.
And I think that the south is the only area that's experienced serious desegregation.
As a result it said the operation should take place only in centres with highly experienced surgeons and that patients should be warned of the risks.
"Sky had this problem last year in some of its exchanges, and it's definitely not the only service provider to have experienced this problem, " he told the BBC.
There are complete hacks holding themselves out as fiduciaries for marketing reasons and there are experienced commission-only planners who I wholeheartedly believe are fiduciaries at heart, regardless of their branch of regulatory oversight.
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