SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > Original SOWPub Forum Archive
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #12  
Old August 9, 2003, 10:36 AM
Thomas Rice
 
Posts: n/a
Default Re: Stock Market IS Like Casino...

> 'WHAT are those 'rules' and logic that the
> casino games LACK?'

> My point is that if you try to 'reason'
> statistically, the odds of succeeding in
> business and stock market on the one hand
> and the odds of succeeding in casinos are
> the same.

It depends what you call succeeding. If by succeeding you mean ending up with more dollars than you started with, then I'm pretty sure the number of stock market investors who succeed at that is much higher than the number of gamblers over a decent time period.

You can view casino games as logical because they follow a very defined set of rules. Playing them is a fairly illogical activity, however, at least from a profit perspective since the odds are always stacked against you.

The main difference I see between casino games and business or the stock market is that the latter two do not have fixed odds -- they depend somewhat on your skill, experience, knowledge, as well as luck.
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 11:28 AM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.