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A Wall Street Craps Definition: Game

November 7th, 2011


game:

1. a contest or sport involving skill, chance, and/or endurance that is governed by a set of specific rules.

2. a competitive activity where skill, strategy and luck contribute to outcomes, and which serves as an amusement, diversion, or interesting pastime.

3. a simple, yet profound way of understanding how investors invest their money in a challenging activity requiring a set of knowledge, skills and strategies that need to be understood and mastered in order to come out a consistent winner.

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“Investment is a game, and calls for the same qualities required to win at any game. You have to love the game and have an intense desire to win. Whatever strategy you follow, you should follow three rules: Be thorough, tough-minded, and flexible.”

John Train ~ Author of Money Masters of Our Times (2003)

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