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 ...
sap1. 1  the juice or vital circulating fluid of a plant, especially of a woody plant. 2  any vital body fluid. 3  energy; vitality. 4  sapwood. 5  Slang. a fool; dupe. 6  Metallurgy. soft metal at the core of a bar of blister steel. 7  to drain the sap from.