Red Joker Rules

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    Red Joker Rules
    The 35 Rules of Gambling That All Investors Should Know
    By: Pat Holland
    Publisher:
    Harriman House
    Print ISBN: 9781906659172, 1906659176
    eText ISBN: 9780857190178, 0857190172
    Format: EPUB
    Available from $ 1.29 USD
    SKU 9780857190178
    Gambling is investing, and investing is gambling, says the Red Joker. Both situations begin with a common pool of money. The pool is distributed among those who have created it on the basis of a series of events that are partly controllable. Through a mixture of skills, self-control and sheer luck, some of those who have created it will receive more than others. There is no inherent difference between sifting through a horse's prospects of winning a race and a company's prospects of returning regular profits. There is no inherent difference in deciding whether to raise the *** on a particular hand of cards and deciding whether a property is a good or bad buy. But there is a world of difference between the pace of gambling and the pace of investing. A gambler faces as many investment situations in a week as an investor does in a lifetime. The rules are the same, but the gambler is in a situation where he can learn the rules very quickly. This is a book of advice from the gambler to the investor - The Red Joker Rules.
     

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