Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bald Man from Mars who wrote (31417)	8/24/1998 11:31:00 AM
From: Knighty Tin	Read Replies (1) of 132070

Bald Man, You aren't going to repair that sort of damage with my 90/10 system. The IRS will eat a good portion of the loss, but you are still stuck with a bunch. It is no help now, so I hope you don't resent me stating the obvious: don't bet a lot to make a little. If you can, bet a little to make a lot. The problem with mug's games like risk arbitrage is the one out of ten that eats your lunch, not the 9 out of 10 where you make 2 or 3 points. Betting a little to make a lot is a sermon I've been preaching here for 2 years and I know that some consider me a guy who just doesn't like to risk money. And they are right. The stocks look a bit better this morning, but nothing close to repairing damage on that spread. Good Luck on the next trade, MB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next