A Quote by William C. Brown

Trading is more or less like betting or gambling, but only without the pleasure show of the game. — © William C. Brown
Trading is more or less like betting or gambling, but only without the pleasure show of the game.
If you don't like trading, gambling and betting, then you don't like living.
Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting.
We're concerned how gambling and betting affects the NHL game and changes the perception of and challenges the integrity of the NHL game.
Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading.
I have a bad gambling problem. You're not in show business for 12 years and dress like this without a bad gambling problem.
Writing's like gambling. Unpredictable and sporadic successes make you more addicted, not less.
Writings like gambling. Unpredictable and sporadic successes make you more addicted, not less.
The second-worst thing in the world is betting on a golf game and losing. The worst is not betting at all.
Sitting and watching a game show, or betting on your lucky numbers is not the price that most of the top 1% paid to become rich
In the future you're going to be able to go into a 7-Eleven and buy a ticket on a game, and people who don't use gambling as often as others do, like the people who go and buy lottery tickets, there's going to be more opportunity for people to do it. And with people casually gambling throughout the country, it's going to generate a lot of money.
The further on we go, the more meaning there is, but the less articulable. You live your life and the older you get- the more specifically you harvest- the more precious becomes every ounce and spasm. Your life and times don’t drain of meaning because they become more contradictory, ornamented by paradox, inexplicable. The less explicable, the more meaning. The less like a mathematics equation (a sum game); the more like music (significant secret).
Traveling is like gambling: it is always connected with winning and losing and generally where it is least expected we receive, more or less than what we hoped for.
If a betting game among a certain number of participants I played long enough, eventually one player will have all the money. If there is any skill involved, it will accelerate the process of concentrating all the stakes in a few hands. Something like this happens in the market. There is a persistent overall tendency for equity to flow from the many to the few. In the long run, the majority loses. The implication for the trader is that to win you have to act like the minority. If you bring normal human habits and tendencies to trading, you'll gravitate toward the majority and inevitably lose.
'Prop trading' is just a fancy term for banks gambling in the market for their own profit.
Without touching my subject I want to come to the moment when, through pure concentration of seeing, the composed picture becomes more made than taken. Without a descriptive caption to justify its existence, it will speak for itself - less descriptive, more creative; less informative, more suggestive - less prose, more poetry.
The individual skill of the player determines the outcome, unlike betting on the horses or betting on the lottery. It's not an individual betting against the house and that's an important distinction.
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