Trading & Gambling
By Johns Wu on Mar 17, 2006
This entry was posted on Friday, March 17th, 2006 at 1:44 pm and is filed under Market News.
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I always tell em that gambling is when the odds are against you and there aint jack you can do about it.
In the market, on the other hand, you can manipulate information to your advantage to beat the house.
When you drop a quarter in a slot machine, you’re “hoping.” Hope and gambling are synonomous.
when you buy a stock, hope is OUT of the equation.
investing is something sublime. nothing beats the market. not sex. not poker. nada — I promise you.