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Gamble Quote of the day
A risk is a chance you take; if it fails you can recover. A gamble is a chance taken; if it fails, recovery is impossible.
You entrust your money to banks, God entrusts His money to you. How would you feel if the bank took your money and used it to play the lottery or gamble with it? So, how does God feel?
There is something about jumping a horse over a fence, something that makes you feel good. Perhaps it's the risk, the gamble. In any event it's a thing I need.
It's a gamble you take, the risk of alienating an audience. But there's a theory - sometimes it's better to confuse them for five minutes than let them get ahead of you for 10 seconds.
You're looking for a mispriced gamble. That's what investing is. And you have to know enough to know whether the gamble is mispriced. That's value investing.
Every conscious act requires risk. Every conscious act requires decision. Put these two facts together and you realize that the secret to life is not to avoid gambling but to gamble well.
Gambling is not a vice, it is an expression of our humanness. We gamble. Some do it at the gaming table, some do not. You play, you win, you play, you lose. You play.
We think it will be shortly afterwards, but it seems a terrible thing to gamble with such big stakes in diplomacy without having your master card in your hand.