you are correct. again, if it wasn't clear from my post - i was saying poker (and futures trading) are zero sum - ASSUMING you don't cost in the commissions. it is true that online and casino poker is not zero sum due to the rake. a true zero sum game would be your home game, although even there u usually h ave to chip in for beer
I also played poker and I keep going back to the principles I learned while on my quest towards trading. I think it's a very sound base for you to have.
I hear a lot about these "rich dad poor dad" books and i've seen them in bookstores. I saw the author on tv promoting something and he seems like a real tool...talking about how it is good to have debt and all this kind of crap. Can anyone tell me what this guy's all about?
Kiyosaki's book is quite useless. I have 3 of his audiobooks but I've listened to 1 of it. Basically, he encourages people to be courageous and face risk in the real estate market (though calculated). It's really more of a motivational pump-you-up talk book than something you can gather actual, tangible knowledge about the real estate market. Don't waste your money.
That's what I figured...... I'm more of a Suze Orman kind of guy anyway ...is it just me or is she kind of attractive for an old broad?
What I got from reading some RDPD books is basically a wake up about what you're doing with your money. I wouldn't read him to learn specifics of investing, but i would recommend his books to an absolute idiot who spends money without really thinking about it. He's like a wake up call. But most of you on here have already woken up about money so it's likely of no use to any of you. As for Suze Orman...no thanks.
<i>"...is it just me or is she kind of attractive for an old broad?"</i> You've been at the screens waaaaaaaaayyyyyyy tooooo long
it means that even with pocket aces you can lose your ass...so why overbet a sure thing???.......:eek: