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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (30554)8/5/1998 3:55:00 PM
From: Dave Feldman  Read Replies (1) | Respond to of 132070
 
Actually, my best game is Crazy Eights, but I can't get anyone to play it against me for money.

There are *all* kinds of ways to cheat at bridge, and a few experts have been booted out of the American Contract Bridge League for doing so.

The whole tenor of the game falls apart if folks cheat. The whole game is governed by the notion that the opponents are entitled to ALL the information about what system you and your partner use. Most of the "cheating" that goes on is unconscious, and is in the form of hesitations or not disclosing the nuances of partnership agreements to the opponents.

In other words, rather than out and out skullduggery, too many players, even good ones, are intellectually dishonest. I think it applies to the stock market, too. I think too many of us, moi included, tend to invest too much ego in our choices. We get stuck on being right, and/or not admitting our mistakes, and tend to get rigid about our positions.

Or maybe I'm whining because my long positions are so miserably underperforming my closed-end and mutual funds.

DF