Moshe Lander

That's unfortunate.

Once you do it once, you're kind of on the hook to do it over and over again.

And the time that you put the line in the sand and say, well, I'm not going to do it this time.

Well, you did it in the past and you're going to have to deal with that confrontation at some point.

So to me, best to just draw those lines from the very beginning and no, I'm not helping you on this one.

Uh, we would call that in the economics profession, moral hazard.

Once you bail somebody out the first time, uh, not only do you bail them out a second time, you bail them out for something bigger.

It's why all of our parents probably said to us some variation of, uh, if I bail you out, every time you get your fat in the fire, you're never going to learn how to stand on your own two feet, right?

I'm mixing metaphors there.

Uh, but it's the same sort of thing here.

So you want to take the relationship aspect out of it.

Unfortunately, altruism here is a really dangerous thing to weigh into.

And even if you establish clear guidelines that I'm not going to do this again, go ahead, try me and see if I have the guts to stand up and say, I told you I'm not doing this again.

Thank you for having me on the program.

And Eric, always a joy.