Quote:
Originally Posted by thaskalos
No wonder there are no visible role models to attract any new horseplayers to our game. The game's winningest players operate under virtual anonymity...without realizing the obligation that they carry to provide adequate advertising in order to keep the game alive. It seems that the saying is right: The only ones who teach are the ones who can't do.
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Those who can, do. Those who can't, teach. Those who can't teach, teach gym.
That old saying is not totally true, though. Warren Buffett has told most of his secrets. It's just a matter of studying him. The hard part is emulating what he does, but some people do -- and they teach others.
Check out:
The Dhandho Investor: The Low-Risk Value Method to High Returns
by
Mohnish Pabrai
And also check out Benjamin Graham's famous book
The Intelligent Investor. Graham is the man who taught Buffett.
And enough has been written about horse race betting that there is no reason why a person of average intelligence could not win at the race track. It's just a matter of learning how.
Here's the secret formula:
Find someone who has been successful at something you want to do. Do the same things as the successful person and you should be able to get the same or similar results.