His forever is until his holding no longer makes sense. He got out of IBM..., well, he quitted the original Berkshire Hathaway business not too long after he bought BRK.
Just wondering when does a trader become a gambler?
- Thread starter Cabin111
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Trader just knows the more he trade, the more money he will makes. Just like a top poker pro, the more game he play, the more chips he will win. They don't second-guess their ability. They just know.
Simply ask yourself honestly whether you can make alot money in a long term. If the answer is no or not sure, you are a gambler.
Sure does; try counting cards/win big in Las Vegas + see what happens. And a gambler with a grudge -what could possible go wrong>> 58 dead, 500 wounded. Las Vegas.
.Thanks for the question; not all gambler are stupid, gambled for $00.25s in pool halls........You can't compare apple with oranges. This is an environment problem. If Las Vegas had been a regulated exchange, you would be allowed to continue and your profit-making would be sustainable.
That's a mental case. We are assuming normal people here.
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You proved my point JSOP;Las Vegas is not a regulated exchange. NOT all gamblers are stupid; but the lottery is a stupid tax on people that cant do math.
Yes. They don’t get it. I’ve never personally met a successful large scale speculator, who hasn’t embraced the fact that they’re gambling. Only read about them.
In the relevant sense, yes. In the absolute sense, no.