|
> Business Books > Personal Finance & Investment Books
Gambling is investing, and investing is gambling, says the Red Joker. Both situations begin with a common pool of money. The pool is distributed among those who have created it on the basis of a series of events that are partly controllable. Through a mixture of skills, self-control, and sheer luck, some of those who have created it will receive more than others. There is no inherent difference between sifting through a horse's prospects of winning a race and a company's prospects of returning regular profits. There is no inherent difference in deciding whether to raise the betting on a particular hand of cards and deciding whether a property is a good or bad buy. But there is a world of difference between the pace of gambling and the pace of investing. A gambler faces as many investment situations in a week as an investor does in a lifetime. The rules are the same, but the gambler is in a situation where he can learn the rules quickly.
Special Online Price Only Unfortunately this item is either out of print or no longer available from our regular suppliers, we can no longer obtain stock of this item, and have sold out of stock in our stores. You may be interested in our similar titles below. | ISBN 13: | 9781906659172 |
| ISBN 10: | 1906659176 |
| Binding: | Paperback |
| Pages: | 142 |
| Dimensions: | 210 x 140mm |
| Released: | 01/10/2009 |
| 
Cart: 0 items, $0.00|
