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Value After Hours S03 E36 China, $BABA; The Perfect Gambling Environment; and Mauboussin Strange.

The Acquirers Podcast

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The Four Ways to Induce a Gambling Addiction

There are carrently as many brokerage accounts as there are households in the us. In eight years, we've put on ive almost 83 million plus brokerage accounts. You also need a rich, complex environment with lots of learning opportunities. The creasa university might be, might be the worst of the lot. And if you're in an apt way, yo've got all the fireworks and the confetti going off. That's probably helpful too. If your reward needs to be highly randomized - best is about 50-50. It increases the it gives you an outside thrill when you actually get the reward.

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