As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday, 30 September 2017

Randomness, Chance, Luck And Co-incidence??? (2)


Read? Randomness, Chance, Luck And Co-incidence???


Are randomess, chance, luck and co-incidence co-related to the Law of Large Number?

Uncle8888 tends to believe so!

E.g. large account size; large this and that etc.

Uncle8888 has over the past one year picked one Indian passport; mobile phone, and several EZ link cards, student passes and coins during his roaming across large geographical areas on trains and buses.

Just recently picked up his ex-company unknown colleague's staff pass. LOL!
























Law of Large Number at work!

Applicable to long-term investing?

Concentration or Diversification?

Apply diversification first and then eventually let your outcome and performance filtered out as concentrate. May be this is the way how retail investors can win this Game of investing!




1 comment:

  1. Haha!! 👍 Good job .... I bet he belanja you to a good dinner!! :)

    ReplyDelete

Related Posts with Thumbnails