A share market analyst and a Share market broker went to the races. The broker suggested to bet $1,00,000 on a horse.
The analyst was sceptical, saying that he wanted first to understand the rules, to look on horses, etc... The share broker whispered that he knew a secret algorithm for the success, but he could not convince the analyst.
"You are too theoretical," he said and bet on a horse.
Surely, that horse came first bringing him a lot of money.
Triumphantly, he exclaimed: "I told you, I knew the secret!"
"What is your secret?" the stock analyst asked.
"It is rather easy. I have two kids, three and five year old. I sum up their ages and I bet on number nine."
"But, three and five is eight," the analyst protested.
"I told you, you are too theoretical!" the broker replied, "Haven't I just shown experimentally that my calculation is correct?!"
Src: Traderji.com
The analyst was sceptical, saying that he wanted first to understand the rules, to look on horses, etc... The share broker whispered that he knew a secret algorithm for the success, but he could not convince the analyst.
"You are too theoretical," he said and bet on a horse.
Surely, that horse came first bringing him a lot of money.
Triumphantly, he exclaimed: "I told you, I knew the secret!"
"What is your secret?" the stock analyst asked.
"It is rather easy. I have two kids, three and five year old. I sum up their ages and I bet on number nine."
"But, three and five is eight," the analyst protested.
"I told you, you are too theoretical!" the broker replied, "Haven't I just shown experimentally that my calculation is correct?!"
Src: Traderji.com
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