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Posted By Topic: There is no miracle cure, and at the end of the rainbow, the       - Views: 520
Mangocharlie 18-Jun 2024 Tuesday 2:51 PM (158 days ago)
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There is no miracle cure, and at the end of the rainbow, there isn't a pot of gold.


 



 
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Mangocharlie 18-Jun 2024 Tuesday 2:52 PM (158 days ago)            #2
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Mangocharlie 18-Jun 2024 Tuesday 2:55 PM (158 days ago)            #3
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krislee 18-Jun 2024 Tuesday 4:30 PM (158 days ago)            #4
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quote originally posted by Mangocharlie:
There is no miracle cure, and at the end of the rainbow, there isn't a pot of gold.
 


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Mangocharlie 19-Jun 2024 Wednesday 4:04 AM (158 days ago)            #5
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Mangocharlie 20-Jun 2024 Thursday 9:20 AM (156 days ago)            #6
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Mangocharlie 20-Jun 2024 Thursday 9:26 AM (156 days ago)            #7
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Mangocharlie 20-Jun 2024 Thursday 9:29 AM (156 days ago)            #8
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Mangocharlie 20-Jun 2024 Thursday 9:31 AM (156 days ago)            #9
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Mangocharlie 20-Jun 2024 Thursday 9:33 AM (156 days ago)            #10
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Mangocharlie 20-Jun 2024 Thursday 9:34 AM (156 days ago)            #11
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Mangocharlie 20-Jun 2024 Thursday 9:37 AM (156 days ago)            #12
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Mangocharlie 20-Jun 2024 Thursday 9:38 AM (156 days ago)            #13
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Mangocharlie 20-Jun 2024 Thursday 9:40 AM (156 days ago)            #14
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Mangocharlie 20-Jun 2024 Thursday 9:41 AM (156 days ago)            #15
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Mangocharlie 20-Jun 2024 Thursday 9:43 AM (156 days ago)            #16
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Mangocharlie 20-Jun 2024 Thursday 9:48 AM (156 days ago)            #17
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Mangocharlie 20-Jun 2024 Thursday 9:48 AM (156 days ago)            #18
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Mangocharlie 20-Jun 2024 Thursday 9:51 AM (156 days ago)            #19
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Mangocharlie 20-Jun 2024 Thursday 9:53 AM (156 days ago)            #20
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Mangocharlie 20-Jun 2024 Thursday 9:54 AM (156 days ago)            #21
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Mangocharlie 20-Jun 2024 Thursday 9:56 AM (156 days ago)            #22
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Mangocharlie 20-Jun 2024 Thursday 9:57 AM (156 days ago)            #23
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Mangocharlie 20-Jun 2024 Thursday 10:01 AM (156 days ago)            #24
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Mangocharlie 20-Jun 2024 Thursday 10:04 AM (156 days ago)            #25
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Mangocharlie 20-Jun 2024 Thursday 12:01 PM (156 days ago)            #26
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Mangocharlie 23-Jun 2024 Sunday 5:03 AM (154 days ago)            #27
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Re: Studies have shown that people are almost incapable of making the simplest decisions without emotions.
.
Think of a situation where you had bulletproof facts, reason, and logic on your side, and believed there was absolutely no way the other person could say no to your perfectly constructed argument and proposal. To do so would be impossible, you figured, because there was no other logical solution or answer.
.
And then the other person dug in his heels and refused to budge. He wasn’t swayed by your logic. Were you flabbergasted?
.
This is similar to what many negotiators do when they sit down at the table to hammer out a deal. They come armed with facts, and they attempt to use logic to sway the other party. They figure that by piling on the data and using reason to explain their side of the situation, they can construct a solution that is simply irrefutable—and get the other party to say yes.
.
They’re doomed to fail, however, because decision-making isn’t logical, it’s emotional, according to the latest findings in neuroscience.
.
A few years ago, neuroscientist Antonio Damasio made a groundbreaking discovery. He studied people with damage in the part of the brain where emotions are generated. He found that they seemed normal, except that they were not able to feel emotions. But they all had something peculiar in common: they couldn’t make decisions. They could describe what they should be doing in logical terms, yet they found it very difficult to make even simple decisions, such as what to eat. Many decisions have pros and cons on both sides—shall I have the chicken or the turkey? With no rational way to decide, these test subjects were unable to arrive at a decision.
.
So at the point of decision, emotions are very important for choosing. In fact even with what we believe are logical decisions, the very point of choice is arguably always based on emotion.
This finding has enormous implications for negotiation professionals. People who believe they can build a case for their side using reason are doomed to be poor negotiators, because they don’t understand the real factors that are driving the other party to come to a decision. Those who base their negotiation strategy on logic end up relying on assumptions, guesses, and opinions. If my side of the argument is logical, they figure, then the other side can’t argue with it and is bound to come around to my way of thinking. The problem is, you can’t assume that the other party will see things your way.
.
What the negotiator can and must do, however, is create a vision for the other side to bring about discovery and decision on their part. In the end, your opponent will make the decision because he wants to. Getting him to want to, using the step-by-step methodology that is part of the Camp System, is the job of the negotiator—not trying to convince him with reason.
.
You don’t tell your opponent what to think or what’s best. You help them discover for themselves what feels right and best and most advantageous to them. Their ultimate decision is based on self-interest. That’s emotional. I want this. This is good for me and my side.
.
There’s a detailed and systematic way to go about building vision the right way. But in general, if you can get the other party to reveal their problems, pain, and unmet objectives, then you can build a vision for them of their problem, with you and your proposal as the solution. They won’t make their decision because it is logical. They’ll make their decision because you have helped them feel that it’s to their advantage to do so.
.



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Mangocharlie 23-Jun 2024 Sunday 9:05 AM (153 days ago)            #28
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Mangocharlie 29-Jun 2024 Saturday 6:28 AM (148 days ago)            #29
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Nothing is absolute. All things are subjective.
.
In life, there isn't much to shout or cry about. Indeed, the universe owes us nothing. This sentiment holds unless one is clueless, gullible, intoxicated, recovering from a hangover, brain-dead, or simply foolish.
.
The universe in this incarnation most prefers to humiliate those who remain smug or who appear to be telling it what to do and when to do it.
.
In running business (even selling kacang puteh) and life, there are no shortcuts. It's survival of the fittest. And before you could say Jack Robinson, your entire harvests, bankrolls, profits, lifeline and even your reserves can be wiped out by Force majeure, Covid-19, Hazards, perils, risk, disease, drought, flood, high rental, greed or even unforeseen circumstances.
.
Cheers mates and have a nice day ahead.



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Mangocharlie 29-Jun 2024 Saturday 7:10 AM (147 days ago)            #30
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"There is no Holy Grail. There is no perfect way to capture that move from $100/ounce to $800/ounce in gold." - John W Henry
.
There are no miracle cures or get-rich-quick schemes.
There is no pot of gold at the end of the rainbow!
Nothing in life is Free, Everything comes with 100% of Effort.
Beyond that, it is all randomness: either by taking high, enormous and unconscious risks, or by being extraordinarily lucky.
.
“If you can’t measure it, you can’t manage it.” - Peter Drucker
.
If the concept of 'survival of the fittest' causes discomfort, it's best to avoid engaging in zero-sum situations.



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Mangocharlie 03-Jul 2024 Wednesday 6:16 AM (144 days ago)            #31
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Mangocharlie 05-Jul 2024 Friday 9:22 AM (141 days ago)            #32
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Mangocharlie 05-Jul 2024 Friday 9:25 AM (141 days ago)            #33
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Mangocharlie 05-Jul 2024 Friday 9:27 AM (141 days ago)            #34
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Mangocharlie 05-Jul 2024 Friday 9:29 AM (141 days ago)            #35
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Mangocharlie 05-Jul 2024 Friday 9:37 AM (141 days ago)            #36
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Mangocharlie 05-Jul 2024 Friday 9:40 AM (141 days ago)            #37
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Mangocharlie 05-Jul 2024 Friday 9:41 AM (141 days ago)            #38
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Mangocharlie 05-Jul 2024 Friday 10:23 AM (141 days ago)            #39
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Mangocharlie 06-Jul 2024 Saturday 6:16 AM (141 days ago)            #40
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“The world is a pretty random place. The influence of luck makes it impossible to predict exactly how things will turn out, and all the hidden information makes it even worse.” - Annie Duke.



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Mangocharlie 06-Jul 2024 Saturday 10:11 AM (140 days ago)            #41
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Believe me, if you've graduated from the school of hard knocks, you can confidently say that it's all in the luck of the draw.

This message was edited by Mangocharlie on 12-Jul-2024 at 6:33 AM



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Mangocharlie 08-Jul 2024 Monday 8:50 AM (138 days ago)            #42
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The Drunkard's Walk
.
How Randomness Rules Our Lives
.
The mechanisms by which people analyze situations involving chance are an intricate product of evolutionary factors, brain structure, personal experience, knowledge, and emotion. In fact, the human response to uncertainty is so complex that sometimes different structures within the brain come to different conclusions and apparently fight it out to determine which one will dominate.
.
With the born storyteller's command of narrative and imaginative approach, Leonard Mlodinow vividly demonstrates how our lives are profoundly informed by chance and randomness and how everything from wine ratings and corporate success to school grades and political polls are less reliable than we believe.



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Mangocharlie 12-Jul 2024 Friday 6:29 AM (135 days ago)            #43
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The three priorities are intended solely for wagering on Tierce and Trio.



 



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Mangocharlie 13-Jul 2024 Saturday 5:44 PM (133 days ago)            #44
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Randomness will always have the last word. The market doesn't care whether you have achieved your goal or not; it will always go its own way. If you can make a profit based on expected future value, you should go for it. Luck is random, but skill will persist. Never disregard it.
.
Indeed, my friends, investment, speculation, trading, and gambling are easy games if we can control our emotions. They are all, in fact, "first cousins." Your entire harvests, bankrolls, profits, and even your reserves can be wiped out before you could say Jack Robinson. The market has no respect for your station in life or how smart an investor you have been until now. In fact, the market often prefers to humiliate those who remain smug or who appear to be dictating its movements.



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Mangocharlie 21-Jul 2024 Sunday 10:46 PM (125 days ago)            #45
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Authentic firsthand information is crucial, while everything else falls into the realm of speculation, guesswork, hearsay, baseless chatter, café banter, gossip, rumors, propaganda, unverified claims, and promotional gimmicks.
.
.
Genuine firsthand information is the key to anything, and anything else is speculation, guessing, hearsay, groundless talk, coffee shop talk, gossip, rumor, propaganda, unsubstantiated information, and marketing stunts.



 
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Mangocharlie 30-Jul 2024 Tuesday 2:40 PM (116 days ago)            #46
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Exotic wagering - Box - Permutation.



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Mangocharlie 02-Aug 2024 Friday 9:56 PM (113 days ago)            #47
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Yes, indeed, my friends, nothing's for sure, that's fo sure.



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Mangocharlie 30-Aug 2024 Friday 2:12 PM (85 days ago)            #48
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Investment, speculation, trading, gambling and in running business (even selling kacang puteh) and life, there are no shortcuts and no cutting corners. They are easy games if we can control our emotions and it's survival of the fittest. They are all, in fact, "first cousins". And before we could say Jack Robinson, our entire harvests, earnings, bankrolls, profits, lifeline, and even our reserves can be wiped out by force majeure, pandemics like COVID-19, hazards, perils, risks, diseases, droughts, floods, high rent, greed, or other unforeseen circumstances.
.
The market has no respect for our station in life or for how smart an investor we have been until now. In fact, the market in this incarnation most prefers to humiliate those who remain smug or who appear to be telling it what to do and when to do it.



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Mangocharlie 02-Sep 2024 Monday 7:16 AM (82 days ago)            #49
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Do bet in moderation and hope for the best.
Cheers mates.



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Mangocharlie 02-Sep 2024 Monday 2:35 PM (82 days ago)            #50
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The market offers hundreds of prop bets a day, and there is no shortage of goblok and more and more come pouring in pronto lining up for the sure thing. In the markets, the goblok think they are playing one game, but another game is being played on them entirely. 



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Mangocharlie 05-Sep 2024 Thursday 6:47 PM (79 days ago)            #51
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Mangocharlie 18-Oct 2024 Friday 9:25 PM (36 days ago)            #52
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"Thinking in bets starts with recognizing that there are exactly two things that determine how our lives turn out: the quality of our decisions and luck. Learning to recognize the difference between the two is what thinking in bets is all about." - Annie Duke




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Mangocharlie 03-Nov 2024 Sunday 6:49 PM (20 days ago)            #53
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“The more tickets you have in a lottery, the worse your chance. And it is the same of virtues, in the lottery of life.” ― Laurence Sterne



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Mangocharlie 06-Nov 2024 Wednesday 3:14 AM (18 days ago)            #54
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Singapore public spent record $12.2b on lottery, sports betting and horse racing last financial year.
.
The Singapore public spent a record $12.2 billion on lottery, sports betting and horse racing in the last financial year, marking a 7% increase in spending compared to the previous financial year.
.
PUBLISHED ON
November 05, 2024 6:32 PM
ByKhoo Yi-Hang
.
When it comes to getting our kicks, there may be nothing else Singaporeans love more than placing bets.
.
Well, the Singapore public has spent a record $12.2 billion on lottery, sports betting and horse racing in the last financial year, according to the Singapore Pools annual report 2023/24 released on Tuesday (Nov 5).
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Data from the annual report shows that their revenue has increased by 7%, up from $11.4 billion in the previous financial year, reported Lianhe Zaobao.
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According to the annual report, $11.87 billion was returned to Singapore and Singaporeans via $9.14 billion in prize payouts and $2.29 billion in gambling duties and taxes.
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This also includes some $437 million which was also channelled to the Tote Board, where the money was spent on supporting community-based projects.
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Singapore Pools is a fully-owned subsidiary of Tote Board, which reports to the Ministry of Finance.
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Out of the $12.2b, its operating expense was $332 million (3%), one of the lowest in the world for a gaming operator.
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This includes investments into upgrading systems and developing talent, according to a message from Singapore Pools chairman Kai S. Nargolwala and CEO Lam Chee Weng.
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The duo shared that sports betting showed strong growth in the last financial year due to "new leagues and more sporting events".
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"In gambling, we constantly face a challenge in striking a balance between being an effective counter to illegals, and at the same time minimising social harms associated with excessive gambling," the message also stated.
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"To address these challenges, we will be focusing more on areas such as customer retention and diversion, modernising our retail network and driving online adoption."
.
.



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Mangocharlie 06-Nov 2024 Wednesday 8:43 AM (17 days ago)            #55
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Creedence Clearwater Revisited and Creedence Clearwater Revival
"Lodi"
Just about a year ago
I set out on the road
Seekin' my fame and fortune
Lookin' for a pot of gold
Things got bad and things got worse
I guess you will know the tune
Oh Lord, stuck in Lodi again



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Mangocharlie 06-Nov 2024 Wednesday 4:35 PM (17 days ago)            #56
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By Malay Mail
Wednesday, 06 Nov 2024 11:51 AM MYT
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SINGAPORE, Nov 6 — Singaporeans have spent a record S$12.2 billion (RM40.18 billion) on lottery, sports betting, and horse racing in the 2023/24 financial year.
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According to the Singapore Pools annual report released yesterday, this represents a 7 per cent increase from the previous year’s S$11.4 billion.
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Of this amount, S$11.87 billion was returned to Singaporeans through prize payouts (S$9.14 billion) and gambling duties (S$2.29 billion), with S$437 million directed towards community projects via the Tote Board.
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Operating expenses were S$332 million, one of the lowest for a global gaming operator.
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The report also noted significant growth in sports betting, spurred by “new leagues and more sporting events.”
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Singapore Pools chairman Kai S. Nargolwala and CEO Lam Chee Weng acknowledged the ongoing challenge.
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“In gambling, we constantly face a challenge in striking a balance between being an effective counter to illegals, and at the same time minimising social harms associated with excessive gambling,” they said in a statement
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To address these challenges, the company plans to focus on “customer retention and diversion, modernising our retail network, and driving online adoption.”
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Singapore Pools, a fully-owned subsidiary of the Tote Board, said it remains committed to upgrading systems and developing talent to stay ahead in the competitive market.
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Mangocharlie 07-Nov 2024 Thursday 10:34 PM (16 days ago)            #57
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Mangocharlie 07-Nov 2024 Thursday 10:43 PM (16 days ago)            #58
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Mangocharlie Yesterday 2:01 AM (1 day ago)            #59
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"The mechanisms by which people analyze situations involving chance are an intricate product of evolutionary factors, brain structure, personal experience, knowledge, and emotion." -  Leonard Mlodinow



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