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Strategies & Market Trends : The Art of Investing

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Dec 24 4:00 PM EST

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To: Sun Tzu who wrote (843)	1/26/2000 4:27:00 PM
From: Michael G. Potter	Read Replies (2) of 10713

OT - Blackjack ST - winning those three bets with everything on the line was a good deal of luck. You reduced the odds of losing by keeping rough track of the cards, but the mathematical % chance of losing was still fairly high. Without good money management (betting the whole wad in one throw), you risked losing everything and having no capital to recover. All that said, winning the gamble is always nice <grin> Michael ps - I'm very good at blackjack as well. Accountants are very good at counting!

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