There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.
There are no checks and balances if the gov is wrong, if a private entrepreneur makes a mistake, he goes bankrupt, the losses are cut, if he bets wrong, he loses, if the gov bets wrong, they just get bigger, they just appropriate more money, it's a bottomless pit, because they either get it from the tax payers or run it off a printing press.
The one thing that I think separates Microsoft from a lot of other people is we make bold bets. We're persistent about them, but we make them. A lot of people won't make a bold bet. A bold bet doesn't assure you of winning, but if you make no bold bets you can't continue to succeed. Our industry doesn't allow you to rest on your laurels forever. I mean, you can milk any great idea. Any idea that turns out to be truly great can be harvested for tens of years. On the other hand, if you want to continue to be great, you've got to bet on new things, big, bold bets.
All right. I will be a man about this... I'm so sorry Bets. I should have hidden the keys. Booted your tires. Something. I had no idea anyone would abuse you so, baby. I swear I'll never let anyone hurt you again. Ayyy, how could they do this to you? How? Oh the humanity!" "" Andy "I really need to get that boy a girlfriend- or at least laid." "" Sundown
Right before I decided to come out, I went on a spiritual retreat called 'Changing the Inner Dialogue of Your Subconscious Mind.' I'd never been to anything like it before, and all my friends were taking bets on how long I'd last with no TV, no radio, no phone. But for me that was the beginning of paying attention to all the little things.
I'm drawn to very large texts that are mammothly popular in different parts of the world but are almost unknown here [the USA]. They're safe bets; if they've been around for 2,000 years, there's a reason. It's often a title or just a phrase within the text that will compel me to adapt it.
I live in New York and got a call from my agent saying there was this new role on 'Mad Men,' it might be recurring and they're seeing people tomorrow. I said, 'OK, this is one of those things where you hedge your bets, use your miles and get on a plane.' I flew out Tuesday morning and got the job on a Wednesday.
I'm sure that in the fullness of time we'll learn that one or more of these seemingly promising technologies were dead ends. And that's the nature of innovation, and that's why we should spread our bets; we should not put our eggs in any one basket. Some of these will be grand successes, some of them will be average, and some of them will be abject failures.
We need financial regulation that allows businesses and the banks they use to have access to the tools that help keep prices of consumer goods - like groceries and home heating oil - steady, while ensuring that the taxpayers are never again on the hook for the types of wild bets that helped crash the economy in 2008.
It is quite amazing how hard the subconscious works when it is made to understand that this life is not a rehearsal, there is no safety net and no assurance of any final closure. It is also quite appalling to realize how catatonic the imagination can become when we hedge our bets, opt for the safer direction at every fork in the path.
Throughout our history, Microsoft has won by making big, bold bets. I believe that now is not the time to scale back the scope of our ambition or the scale of our investment. While our opportunities are greater than ever, we also face new competitors, faster-moving markets and new customer demands.
I must congratulate myself, in passing, for never having lost the ability to examine my conscience, never having lost the gift of finding myself wanting & defective. Why fear the criticism of others when you, yourself, are first out of the critical gate? If self-denigration is the race I am the winner, even before the starting gun. Collect the bets.
Hathaway!" Stan barked, coming from the direction of the field. "Nice of you to join us. Get in there now! You're lucky you aren't one of the first ones, " he growled.People were even making bets about whether you'd show. " "Really?" I asked cheerfully. "What kind of odds are there on that? Because I can still change my mind and put down my own bet. Make a little pocket money.
My brother was on his way to a dental appointment when the second plane hit four stories below the office where he worked. He's never said anything about the guy who took football bets, how he liked to watch his secretary walk, the friends he ate lunch with, all the funerals. Maybe, shamed by his luck, he keeps quiet, afraid someone might guess how good he feels, breathing.
TV families and your own are hard to tell apart, except your isn't interrupted every six minutes by commercials and theirs don't get bogged down into nothingness, a state where nothing happens, no skit, no zany visitors, no outburst on the laugh track, nothing at all but boredom and a lost feeling, especially when you get up in the morning and the moon is still shining and men are making noisy bets on the first tee.
With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any one of them. This allows investors to diversify their financial holdings. It also allows them to capture profits on their investments, without having to get involved in the dirty, troublesome business of actually running a company.
Americans, though apparently impressed by ghastly sentimentality and outrageous hypocrisy, are by nature much more politically cynical than Canadians. In their longer history they have had much more to be cynical about. They demand a vulgar show, enjoy it, guffaw, and forget it the next morning. When a new U.S. President takes office all bets are off and his campaign platform is dismantled and stored away.
Although the far territory of the extreme can exert an intoxicating pull on susceptible individuals of all bents, extremism seems to be especially prevalent among those inclined by temperament or upbringing toward religious pursuits. Faith is the very antithesis of reason, injudiciousness a crucial component of spiritual devotion. And when religious fanaticism supplants ratiocination, all bets are suddenly off.
LTCM lost money when Russia defaulted on a certain class of bonds, and then they had other investments like on the spread between two different kinds of shares of Royal Dutch Shell Oil Company. Now that seems completely unrelated to Russian bonds. But they were related because other hedge funds saw similar discrepancies and they were all making similar bets.
Are you smarter than my chicken?' cried a weathered, wild-haired woman holding a nonplussed bird over her head. At her feet was a wooden board covered with numbers and arcane symbols. 'Lay your bets! Test your wits against a trained fowl! One coppin a try! Are you smarter than my chicken? You might be in for a surprise!
She does not want to feel even the faintest temptation to call his mobile number, as she had done obsessively for the first year after his death so she could hear his voice on the answering service. Most days now his loss is a part of her, an awkward weight she carries around, invisible to everyone else, subtly altering the way she moves through the day. But today, the Anniversary of the day he died, is a day when all bets are off.
I love to gamble, man - all different kinds of ways, ... As far as wagering on sports, I've got some friends, we make some friendly bets and sit around. As we [say], we're buying a ticket to the game because we're watching every single play. And then you win, and you get to walk around for days and say, 'I knew it.' And if you lose, you get to walk around and say, 'Yeah, but you cheated.' But basically it's friendly wagers, and I go to Vegas here and there.
You know what works in venture capital? A group of incredibly smart, connected people who have the financial wherewithal and risk appetite to make multi-million dollar bets on unproven ideas and inexperienced founders. People who can make decisions quickly, and who spend their time trying to help entrepreneurs make the most of that cash.
Bitcoins are not a real investment; they are bets inside a casino. If the price goes back up, don't be fooled. In the parlance of popping investment bubbles, it's something called a 'dead-cat bounce.' People who are desperate to keep the game going rush back in, hoping to bring the price back up, but it never lasts.
We have always tried to concentrate on the long term, and to place bets on technology we believe will have a significant impact over time. It's hard to imagine now, but when we started Google most people thought search was a solved problem and that there was no money to be made apart from some banner advertising. We felt the exact opposite: that search quality was very poor, and that awesome user experiences would clearly make money.
The model I like to sort of simplify the notion of what goes on in a market for common stocks is the pari-mutuel system at the racetrack. If you stop to think about it, a pari-mutuel system is a market. Everybody goes there and bets and the odds change based on what's bet. That's what happens in the stock market.
Don't be afraid to do weird stuff, so long as you do it cheaply and cover everyone's bets. Be bold. Be stupid, if you have to: so long as you don't hurt anybody, what's it matter how dopey your dream is? If I hadn't made TUSK? If I'd let it die as a podcast? I wouldn't have three other movies I'm now making within the span of a year. Some folks will try to shame you for trying something outside the norm; the only shame is in not trying to accomplish your dreams.
All right." He straightened up and seemed to be true to his promise to let it go. "I will be a man about this." That lasted until he saw the scratches on the hood from the mountain lion and the front fender, Where Abigail had dragged it off the driveway. Wailing, he went to it and sank to his knees. He sprawled over the hood and laid his head on the damaged fender. "I'm so sorry, Bets. I should of hidden the keys. Booted your tires. Something. I had know idea anyone would hurt you so, baby. I swear I'll never let anyone hurt you again. Ayyy, how could they do this to you? How? Oh the humanity!
The Israelites in the desert found that hoarded manna rotted. They were permitted no bank accounts and no insurance policies. God is enough. He will be tomorrow who he was today. Later, through Jeremiah (Jeremiah 2:13) God chastises Israel for digging cisterns next to streams of living water, hedging their bets just in case God forgets to be God... or neglects to be good. God is enough. Will he not be tomorrow who he has been today?
There's also a possibility that the landlord is in there right now, wearing women's undergarments. Or a drug addict is inside stealing jewelry.Or a boatload of recent Chinese immigrants without a television watching Russia play Finland in hockey and placing bets over beer. You have no idea what's behind that door. You can't just pick the options within your field of vision. Reality comes from everywhere. At best, you can narrow down the likelihoods. But in the end, it's not a matter of deduction. It's a matter of fact. One bullet will kill you if you're stupid or unlucky. So at least don't be stupid
Derek B. Miller
SUPREME C BEEN AFTER MEAN FIGURES, ASK MY LIL NIGGA SINCE BACK IN THE DAYS, BEFORE HE WAS RAISED AINT NOBODY PUTTIN FEAR IN MY HEART, WHO NEED A JUMPSTART MY ART SHARP, SHOOT YOUR POSSE APART NIGGA TAKE YOU ON ONE BY ONE, GUN BY GUN SON BY SON, DONE BY DONE WHOEVER COME MURDER FEST, ONE OF THE BEST I'M GETTIN ASSETS, COLLECT ASS BETS, SQUAT BY YOUR ADDRESS I COME TO KICK IT WIT YOU, WALK BEANS STICKIN WIT YOU WHY TRY TO HIDE FROM ACCOMPLICE VIBE YO WE BREAK BREAD, BREAK HEADS, MY PEOPLE SHAKE FEDS GAMBLE AND SCRAMBLE, F WHAT YOUR MAN DO IT'S ALL ABOUT THIS HUSLTIN GAME, MUSCLE AND FAME TUSSELS IN RAIN, TAKE AIM, BLUSH YOU WITH GAME MY LANGUAGE IS UNEXPLAINABLE, SWITCH, CHANGEABLE AND I STAY REMAINDABLE, WITH BIGGER GUNS AIMED AT YOU
What, then, should you do? With an excellent hand, you should bet: You lose nothing if your opponent folds, while giving yourself a good chance of winning a big pot if he calls. But with a middling hand, you shouldn't bet: If he has a bad hand, he'll fold, and you'll win the ante, which is what you'd have won anyway by checking; but if he has a good hand, he'll call and win. It's heads he wins, tails you don't. You should check instead, and hope your middling hand wins the ante. What about with a terrible hand? Should you check or bet? The answer is surprising. Checking would be unwise, because the hands will be compared and you will lose. It actually makes more sense to bet with these bad hands, because the only way he might drop out is if you make a bet. Perversely, you are better off betting with awful cards than with mediocre ones, the quintessential (and rational) bluff. There's a second reason for you to bet with terrible cards rather than middling ones: Your opponent will have to call a little more often. Because he knows that your bets are sometimes very weak, he can't afford to fold too easily. That means that when you bet with a good hand, you are more likely to be called, and to win when you are. Because you are bluffing with bad cards, your good hands make more money.
Europe was not born in the early Middle Ages. No common identity in 1000 linked Spain to Russia, Ireland to the Byzantine empire (in what is now the Balkans, Greece and Turkey), except the very weak sense of community that linked Christian polities together. There was no common European culture, and certainly not any Europe-wide economy. There was no sign whatsoever that Europe would, in a still rather distant future, develop economically and militarily, so as to be able to dominate the world. Anyone in 1000 looking for future industrialization would have put bets on the economy of Egypt, not of the Rhineland and Low Countries, and that of Lancashire would have seemed like a joke. In politico-military terms, the far south-east and south-west of Europe, Byzantium and al-Andalus (Muslim Spain), provided the dominant states of the Continent, whereas in western Europe the Carolingian experiment (see below, Chapters 16 and 17) had ended with the break-up of Francia (modern France, Belgium and western Germany), the hegemonic polity for the previous four hundred years. The most coherent western state in 1000, southern England, was tiny. In fact, weak political systems dominated most of the Continent at the end of our period, and the active and aggressive political systems of later on in the Middle Ages were hardly visible. National identities, too, were not widely prominent in 1000, even if one rejects the association between nationalism and modernity made in much contemporary scholarship.