Hafoch Ba D'Kula Ba: Portfolio Diversification in the Torah
In a mishnah in Pirkei Avos (5:6) (popularized by Shweky ; - ), Ben Bag Bag states "Hafoch ba hafoch ba, de'kula ba - Turn it and turn it, for everything is in it." In other words, all of the wisdom of the world can be found in the Torah, albeit often expressed cryptically and with brevity - leaving it to Torah scholars to tease out the details through diligent study.
Over the years, I've found Ben Bag Bag's statement to be very true, and have been zocheh to find all sorts of wisdom and insights embedded within the gemara and other Torah sources ranging from mathematical concepts to principles of psychology.
This week's parsha - Vayislach - offers validation of Ben Bag Bag's principle. For starters, it's well known that sages throughout Jewish history have studied Yaakov's preparations for his confrontation with Esav prior to their own negotiations with foreign governments (indeed, as per an idea floated in an earlier post, there seems to be elements of game theory operating in the story of the confrontation between Yaakov and Esav that could be highly instructive in terms of how each dealt with the dilemmas they faced given the imperfect information they each possessed about the other's intentions and merits).
What's less well known is the nugget of sophisticated financial advice that the gemara extracts from the parsha.
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