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	The game of probabilities Tuesday, July 31, 2007 / 07:41:24 / Business & profit While this is mainly a business blog, I discovered one fine post from my old blog about investing and I thought I'd share it with you. At the time of publishing this post I felt it might be good idea to talk about the game of probabilities and stock markets (well, I still do). I have no intention to dive deep into this topic. However, I think it would be interesting to look at the market as a game of probabilities. Good poker players use the probability theory all the time. They know what is the... read more Comments (0) / Link to this topic - http://www.businessadvicepro.com/business-and-profit/ The-game-of-probabilities--30.html Risking what you can't afford to lose? Friday, July 20, 2007 / 04:42:14 / Business thinking The lower the risk, the lower the possible outcome. The old saying that you should only bet what you can afford to lose is wrong. Unless what you can afford to lose is something big, maybe 100% of your fortune? Okay, that’s usually too much but I hope you get the idea. The thing is that usually the amount you can afford to lose is too little to do you any good even if you manage to doubble or even tripple it. You play on stockmarkets with 100 bucks, you win 100 bucks extra. Did it really mak... read more Comments (0) / Link to this topic - http://www.businessadvicepro.com/business-thinking/ Risking-what-you-cant-afford-to-lose--12.html All questions are answered in the Q & A section within couple of days after I have received them. About this site Firstly, thank you for your interest and I do hope you will find a lot of useful information from th...Learn more Online Bingo Since the 1990's Bingo has successfully been adapted to the internet and is one of the most popular leisure games that is played. You can choose from a number of different types of games that offer different prizes. 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Come and play real money online Bingo games right now! all submissions      » Open your mind to new business opportunities      » Expose yourself to risk & worry      » Hmm, growth?      » Business Q & A section open      » Would you buy what you sell?      » Getting creative      » Keep your employees creative & happy      » Learn to appreciate failure      » Technorati test post      » Risking what you can't afford to lose?      » Long-term plan is an illusion      » Why do so many businesses fail?      » Different ways of making profit      » Client is the KING (and you are a shoe)      » Why is summer the best time to launch a new project?      » In search of motivation      » Quality surveys – huh, the bad and the nasty      » What can we learn from con artists      » How would you solve a problem if money was no obstacle?      » What problems does your product solve?      » What can you learn from movies?      » (Why) sharing your know-how does not hurt you      » Hire the right people      » Feeding the journalists      » What about fresh perspective?      » The game of probabilities      » Life, work and everything else      » Business mindset      » Your job is people      » What if you only had a year to live?      » What if you were your client?      » Keeping your goals in mind      » Keep the consumer attached      » Failures are good as long as...      » Selling something that doesn’t exist (yet)      » Doubble-up on your money, not enough?      » Advertising with style?      » Change? 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