Nuggets of Investing Wisdom

Nuggets of Investing Wisdom

A website for serious investors in common stocks – Read by investors in over 150 countries around the world

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risk intolerance

What investors can learn from professional gamblers

  • by Rodney Smith
  • Posted on October 6, 2024October 6, 2024
  • Part 4: Principles of Operation

Now, real games are not like that at all. Real life is not like that. Real life consists of bluffing, of little tactics of deception, of asking yourself what is the other man going to think I mean to do. And that is what games are about in my theory.

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Gambling, trading, risk intolerance and investing

  • by Rodney Smith
  • Posted on December 20, 2022December 20, 2022
  • Part 4: Principles of Operation

An investment is a favourable bet. Gambling is an unfavourable bet.

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