"21" vs. investing
After listening to Mr. Kapptie talk today, I realized that I made a big mistake yesterday while playing Black Jack. I didn't let the odds work in my favor. I didn't always bet the same, sometimes I bet low, and sometimes high. It was a very random way of doing things. This applies to the market because when investing, the odds should always be in your favor. You can not just go in and by a stock and know nothing about the market or that stock. That will make the odds work against you. Yes, there had to be risk in the stock market to make a large gain, but not without knowing what your odds are.
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