readersa quote that I always remember from "stock market...

readers


a quote that I always remember from "stock market wizards"


"there are 4 types of bets..... good bets, bad bets, winning bets and losing bets."

good bets do not always win
bad bets do not always lose

if you lose a good bet and lose 10% of your money 50% of the time, as compared to tripling your money 50% of the time on a good bet then you are ahead

as vice versa

I think we would all agree, that at 1c/share then CNP would be a good bet, at $6.00 as share it would be a bad bet

at the moment the bookies reckon at 86c it is at even odds



ij