Quote:
Originally Posted by castaway01
This is a really good point. You can do the "right thing" but if you lose often enough because of it, maybe your confidence gets shaken to the point you start doing the "wrong thing".
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That's right!
The "right thing" is only profitable if we keep doing it for the long term. The trick is to keep our confidence level intact for the long term...and that isn't an easy task.
The history books are mistaken when they credit Socrates for advising people to "Know Thyselves". The truth is that this aphorism originated from an unknown Athenian who earned his living by betting on the chariot races in ancient Athens. He kept anonymous because he believed that "fame" to a gambler was usually followed by a jail sentence.
