By selling asset classes at a market bottom or wagering too heavily in an obscure area of the market, investors can absolutely cause themselves permanent losses.

如果在市场底部抛售各类资产，或者在市场中某个不明朗的领域投入过多，投资者的资金绝对会一去不复返。

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With all of the colorful personalities, active wagering and pervasive waft of manure in the air, the action lately in the municipal bond market seems a lot like a day at the races.

FORBES: Loose Lips, Lots Of Hype Make Municipal Bonds Look Juicy