March 25, 2011

Doubling Down or Investing?


"Money won is twice as sweet as money earned."

Paul Newman in "The Color of Money"
20th century American actor

This movie and Mr. Newman's comment was about gambling and was in no way related to business, but in reality are they all that different (gambling and business)?

Both involve risk and reward with outcomes based more on assumptions than knowns.

And yet many who would never consider gambling will willingly put money into business ventures.

How about you?

1 comment :

  1. I won't gamble but am an avid business investor and when I think about it, that does seem a little odd. At least in gambling I know the odds whereas in business I only believe I do.

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