Interesting read

[PressThePace]

http://www.marketwatch.com/story/10-things-investors-can-learn-from-horse-racing-bettors-2016-09-01?link=sfmw_tw

[Dave Schwartz]

Very good article.

Thanks.

:ThmbUp:

[formula_2002]

10. There has never been a better time to be an investor, at the track or in the stock market.

“Despite facing higher takeout and fewer casual opponents, the 21st-century horseplayer has a tremendous opportunity that his counterpart of 50 years ago did not enjoy: The ability to bet a race in a dizzying array of options beyond win, place and show. Nearly every race in America now offers both multi-horse bets — the exacta, trifecta and superfecta — and also is part of at least one multi-race bet — a daily double, pick three, four or six.”

Michael Batnick is director of research at Ritholtz Wealth Management. This column first appeared on his blog, The Irrelevant Investor. His Twitter handle is @michaelbatnick.

show me the data