maandag 13 oktober 2008

The psychology of gambling

At the one hand an investor can be seen as a player in a casino, but at the other hand is this comparison too general.
Gambling in casinos is save: calculating your chances in a closed circuit and dividing the money, without psychological aspects. Investors on the contrary aren’t playing in a closed circuit. They have a lot of extra aspects such as reputation, proud, too much self-confidence, growth…

Freya Van Bever

http://www.tijd.be/affiliaties/010/Nu_zaterdag_in_De_Tijd_Weekend__de_special_over_de_financiele_crisis.8085439-1598.art
(the article: Gedragseconoom Werner De Bondt: 'Casino's zijn zekerder dan beurzen')

1 opmerking:

EcoEnglish zei

At [On] the one hand an investor can be seen as a player in a casino, but at [on] the other hand is this comparison too general. Gambling in casinos is save [safe]: calculating your chances in a closed circuit and dividing the money, without psychological aspects. Investors on the contrary aren’t playing in a closed circuit. They have a lot of extra aspects such as reputation, proud, too much self-confidence, growth… [to take into account]

Mind minor language errors. Good flow

olaf