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Odds Not Fixed Make Things Worse.
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.
---Thomas Rice Thomas, Thank you for replying to my crazy question. Let me be even more stupid with you: From my stupid perspective the fact that the business/market odds are NOT fixed only make things WORSE for the market player/business owner. Just imagine throwing dice and suddenly it's weight, shape, the characteristics of the table are changed in the process. Just imagine plying cards that change on you because of the weather, irrational character or bad news from China. Virtually unlimited number of factors when you play an INDIVIDUAL stock make things worse than 'casino' activity with limited number of factors... |
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