Trading is a gamble and some people turn it into a big one, but I don’t equate it to gambling, to do so is a lie. If you gamble you are only going to win back the regulated 70%-75% of your money each bet and in the long term, almost guaranteed, so you will lose it all. The odds are always set, you are going to lose, they are going to take the x%.

If you pick the right companies, for the right reason… you like them and you see them doing well. If you pick them when they are good value, if you have self control and patience, you will make a profit, you are going to win. All people make mistakes when trading, and believe the wrong things from time to time, the economy is also constantly changing truths to fallacies on a macro scale… that is not the same as pure gambling. Even if someone put all $ into one dodgy spec stock or something like that I would not call that gambling, just stupid, corrupt or lucky depending on the circumstances. If someone sold out at the bottom of a crash, again, just stupid.

It approaches gambling and the consequences can be just as bad, but for most people they just hold and lose the interest they would have had for x number of years had they not bought a crap stock or right it off against something else.

“In Soviet Russia, information consumes you!”

My reply to you got eaten. It must have been all the gambling references. Suffice it to say, we disagree

Gambling is playing a game that is guaranteed to lose if you continue to play it the way it is set up. The whole point of gambling is that when you play your pride is saying that, despite the odds, you think you will come out a winner. If you spin a roulette ball enough times and bet on it you will eventually lose all your money because of the house advantage. That is not the same with the stock market and companies. Most stocks, and especially established stocks, go up over the long run and the indexes do as well so there is not a guarantee that you will lose your money, unlike gambling.

I want to know what the street is “thinking.”

People treat information like it has the shelf life of tater-tots. That may be because, in this game, people’s immediate take on the information matters more than the information itself.

I prefer to treat it like wine. I consume information so as to log it and look for trends…to form my behavior in advance of the next information.

I look for thinkers, those capable of dispassionate analysis because they are not bound to their ideologies, be they political, intellectual, philisophical, moral, etc. I’ll go on a travel website and only read the negative reviews. Because people that think you’re shyte don’t typically come up to tell you so, I want to determine their motivation and its validity.

I don’t watch rugby for fairies, or, as y’all call it, gridiron football. Not only have the networks made the game unwatchable, all I see is a bunch of latent homosexuals…not my thing. Moreover, I see it as the symbol of Fat Bastard America… I’ll concede that the first two rounds of the NFL playoffs is a blast.