It occurs to me that with the current state of Wall Street, corporate fraud and the fleecing of hard working people's 401k's and other pension vehicles, that the "victims" of this fleecing had a chance to defend themselves or avoid being fleeced entirely.

Flat out gamblers, like poker or blackjack players know that to stay in the game you have to have a stake and maintain it.

Conventional wisdom demands that some portion of ALL winnings need to be removed from the game to ensure the long term ability to continue playing.

Does anyone participating in this forum know of any expert gamblers money management books or other materials that detail how to effectively play the statistical odds and remove the correct amount of winnings at the correct time?

Please post any titles or sources of such data.

Thanks for the help.

Best to you,

Steve