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Ep 181: Jared Tendler: Surviving The Game By Knowing Yourself

Investing With IBD

CHAPTER

What Happens on the Slap Machine?

You don't want to be in the markets like, looking for these big winds as a way of making money long term. If you make ten thousand dollars to day, you did not earn ten grand. Just like a casino that took in ten thousand dollarsorso, let's hey, paid out ten thousand dollars in winningsn on their slop machine for they didn't lose ten grand. They made their eight %. And so if you made ten grants today, what was actually the amount that you earned? It's not ten grants. So definingyoat that edge, leveraging that edge, is a function of how well you can understand how to create it on a reliable basis.

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