I was asked last night if liked Vegas. I love Vegas because the odd are statistically better than the stock market. In Vegas you know the odds, in the stock market you don't.
Take a day like today. It is complete euphoria. Everyone thinks they will miss out on the rally. If you can learn to control your ego and always have a contrary point of view you can consistently make money.
This is a very interesting article that is getting no press.
www.shanghaidaily.com/article/print.asp?id=423054
Monday, December 21, 2009
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