This entrepreneurial alertness is crucial to the market process. Disequilibrium represents a situation of widespread market ignorance. This ignorance is responsible for the emergence of profitable opportunities. Entrepreneurial alertness exploits these opportunities when others pass them by.
Sapiens, a Latin word meaning wise, may refer to: Berengarius Sapiens, a designation for Berengar the Wise, the count of Toulouse (814-835) and duke of Septimania (832-835) Felis sapiens (also Felix sapiens), a fictional, sentient, humanoid species from the Red Dwarf television series Gaius Laelius Sapiens (ca. 188 BC-?), a Roman statesman Gildas ...
English[edit] Etymology[edit] From wisdom +â tooth, calque of Latin dÄns sapientiae, which is itself a calque of Ancient Greek ÏÏÏÏÎ¿Î½Î¹ÏÏá¿ÏÎµÏ â(sÅphronistÃªres, âprudent or self-controlled ones (i.e. teeth)â), because they arrive approximately when one has reached the age of prudence or wisdom.