sagefr0g
Well-Known Member
sorry i just love that i found your achilles heel to get you to post, lol...RJT said:I only ventured onto this thread because i say Bojack's name as the last post - ......
RJT.
It's simple - be as good as you can be. If you were going to invest a large sum of money in a company, would you be prepared to just pick one at random, or would you do the research first and make sure that you'd choosen one that you were confident would grow your investment substantially? The answer to that for most of us is obvious. Treat your time playing in the same way. If you are going to invest money in this - and actually expect any decent return - take the time, do the research and make sure you've got the skills to invest in. Remember, if you're serious about making money and not just getting a little entertainment - this is an investment so you should treat it as such.
Make sure you are 100% confident in everything that you do. The more accurate you are with all aspects of your game, the less you'll have to think about them and the easier it is to move beyond the basics.
anyway here's some more voodoo for ya. lol.
In one of the best selling books ever about investing, "A Random Walk Down Wall Street", the author, a Princeton professor hypothesized that "a blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts." In 1988, The Wall Street Journal, picked up on the popularity and novelty of the idea and ran the experiment of pitting monkeys (blindfolded journalists) against professionals.
The rules got changed continuously as experiment upon experiment was run. When the 100th contest ended, the Wall Street Journal presented the results. The professionals won 61 of the 100 contests against the Dart throwers. Though the professionals won, this slim margin was quite embarrassing for these supposed experts. What was worse was that the pro's only beat the Dow Jones Industrial Average in 51 of the 100 experiments. In theory, by just investing in the Dow, you could do just as well as following expert advice. This revelation as well as Bobby D Luffy's hate of mutual funds allowed us to come up with this website.
(Dead link: http://monkeythrowingdarts.com/about.php)
http://whyfiles.org/037wall_st/predict.html
just thought maybe i could get you fired up for some more voodoo talk lol.
sorry this sort of stuff fascinates me.