For an Average Joe a lad on ClearStation called Quisp, turned 8K into a million+++, won various high stakes trading competitions about 18years back I'll add.
In my post I did state that he is more of a long term trader than an investor, but he does do some medium term trading. For example, when the economy crashed in 2008, he loaned Goldman Sachs several billion for less than a year in return for a high interest rate + warrants.
I remember how much he sold BoA to the public. He's going to do it again, huge cash position in BRK if I understand correctly.
%% Tough question LOL. NO, lotto is a stupid tax on people that cant do math. But boy plunger also noted, some do well by reusing envelopes +not buying them LOL.,
Agreed, that's why I've never bought a lottery ticket of any kind!! Girl 25years ago at work dad won 7Mil, went back to work hated it. Lad I met at a car dealer I was working for won, 3Mil, also hated it and blew it in 3years and read my gas meter much happier in his fiesta diesel LOL
Bill Benter by far.Trading is gambling,day trading is outright gambling.He understands it even tough he chosen different venue.And i am not talking about any TA,PA and similar subjects.He understands mathematics behind how to make it work. Elwyn Berlekamp-many similarities,great mind behind the strategy of Medallion Fund