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.
A gambler is one who thinks this would have worked... A trader is one who never would have danced in the first place.
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.
%% 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.