A Quote by Josh Brolin
I used to go to Vegas and play the horses, and then I realised how ridiculous that was. There is no winning in gambling, but there is on the stock market.
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There is no moral difference between gambling at cards or in lotteries or on the race track and gambling in the stock market. One method is just pernicious to the body politic as the other kind.
I have to say my relationship with the horses is the biggest thing, and it grows. I love horses more and more every day, and I'm breeding, so when I'm playing a horse that's the son of a horse, the daughter of a horse I used to play, it's like bonding. So I think that's the most amazing part of it. It's the passion that we polo players have for the horses first, and then the game and the strategy of the game and winning and the team and your teammates, all of those things are a big part of it, but the horses are my favorite part.
If, instead of playing the horses, an individual chooses to play the market, that is his own affair. Only he must understand that speculating in stocks is gambling, not investing.
The difference between playing the stock market and the horses is that one of the horses must win.
I go to Vegas now, and I'm in the casino, and I'm gambling, and there's a guy in a wet bathing suit gambling right next to me.
To be honest, I've never invested in the stock market. My grandmother used to warn us against the stock exchange. My grandfather had lost a lot money in the share market. We are a working class family.
We have a swarm of people in the stock market - not out of knowledge, not out of expectation, but out of basically a gambling instinct, the hope that prices will go up.
I will never be in the stock market. It's just gambling. I'm a gambler, but I'll gamble on the practicality of things.
I think the stock market is a very dangerous place to be at the present time. In fact, the stock market today is almost identical to where it was in October 2007 and then there was a $7 trillion crash and before that in March 2000.
If you ever go to Las Vegas, and you will, just go for a few days. I was there recently for seven days, seven days in Vegas. After I blew all my money on gambling and prostitution, I had six days to kill.
The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.
We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.
If a lot of money goes into the stock market, it'll push up prices, making money for stock speculators. Then the insiders can decide that it's time to sell out, and the market will plunge.
This was my first lesson about gambling: if you see somebody winning all the time, he isn't gambling, he's cheating. Later on in life, if I were continuously losing in any gambling situation, I would watch very closely.
Stock photos are used everywhere on the Net. Chances are, the website you are on right now uses stock photos somewhere - maybe as the featured image of the blog post. This also means that there will always be a large market for stock photographers.
I don't play polo anymore because I am too old. But we still have a half a dozen horses - a couple of young horses we are teaching how to play polo and older horses that are real trustworthy when you get them up in the mountains.
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