
My Life in 4 Trades - Lifelong Learning Is Todd Edgar’s Key to Success
Real Vision: Finance & Investing
00:00
Putting the Probabilities in Your Favor
You are dealing always whether it's an individual trade or whether it's your life with a probabilistic bet. Sometimes it'll work and sometimes it won't. Hopefully you try and structure things such that the probabilities will fall on your favor. You see this all the time with say, sport stars who get paid a gazillion dollars and then three years later they finish their bankrupt. So I think an investment as an investor, that's similar.
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