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Doug Casey - On Prospecting the Worlds Regions
#9

Doug Casey - On Prospecting the Worlds Regions

Quote: (06-27-2017 07:41 PM)Hypno Wrote:  

I subscribed to Casey's stuff for several years. I had some winners, some losers. His philosophy is to place 10 bets and expect to lose on 9 but look for a 20X return on the 10th. To do this, you have to speculate on some fairly iffy propositions.

I wish I had known that. Often I would read his recommendations and just pick what looked like the best ones. I didn't know that nine out of ten should be losers. That's why I stopped paying money for his advice.
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