A Quote by Ted Allen

Buying stock is exactly the same thing as going to a casino, only with no cocktail service. — © Ted Allen
Buying stock is exactly the same thing as going to a casino, only with no cocktail service.
In my business investing, you are buying a stock, and someone else is selling the stock. Right there, that's like a debate. Is the stock going up, or is it going to go down?
The world is like a reverse casino. In a casino, if you gamble long enough, you're certainly going to lose. But in the real world, where the only thing you're gambling is, say, your time or your embarrassment, then the more stuff you do, the more you give luck a chance to find you.
There's power in the collective. If you don't believe me, just watch a symphony orchestra with a conductor and 120 people who are thinking about exactly the same thing at the same moment - no babies, no stock markets, no mortgages. Just 32nd notes.
I couldn't make a living as a comic in Ireland and I was watching my friends from college getting good jobs, buying houses, and I had to really take stock and say: am I going to go for this comedy thing, or what?
People are buying only one thing from you: the way the engagement (hiring you, working with you, dating you, using your product or service, learning from you) makes them feel.
You [Donald Trump] wanted it [casino in Florida] and you didn`t get it. I was opposed to casino gambling before, during and after. And that`s not - I`m not going to be bought by anyone.
If stock market experts were so expert, they would be buying stock, not selling advice.
Arrogance, ignorance, and incompetence. Not a pretty cocktail of personality traits in the best of situations. No sirree. Not a pretty cocktail in an office-mate and not a pretty cocktail in a head of state. In fact, in a leader, it's a lethal cocktail.
The idea of going somewhere where the salesperson is able to personalize the retail experience for you doesn't work anymore. Stitch Fix is an opportunity to provide a service for people who are looking for more than just buying the cheapest thing with one-day shipping.
If it's a cocktail party, I generally make five or six different things, and I try to choose recipes that feel like a meal: a chicken thing, a fish or shrimp thing, maybe two vegetable things, and I think it's fun to end the cocktail party with a sweet thing.
I don't think anybody ever makes any money buying and selling stock. They have to make money by keeping the stock.
Sex and a cocktail: they both lasted about as long, had the same effect, and amounted to about the same thing.
I presumably lost $150,000 in the depression of 1937—on my one stock investment—because I did everything Lehman Brothers told me. I said, well, this is a fool’s procedure . . . buying stock in other people’s businesses.
We've had presidents that have put their stock into account and they didn't know what their stock mix was and I like that. And I think Donald Trump has agreed that he would do the same on his stock. He's either sold it or will do it.
When the weather changes and hurricanes hit, nobody believes that the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed. It's the same stock market with the same mechanisms and the same people.
You can't really invest in your looks as the only thing because it's a depreciating asset. It's like putting money into a stock that's going down.
This site uses cookies to ensure you get the best experience. More info...
Got it!