Thursday, April 10, 2008

Is Investing Like Gambling? A Rudimentary Question That Requires Further Inspection






A couple years ago, I read an incredible book about MIT students who were recruited and trained to master Blackjack and count cards in casinos (primarily Vegas, but also exotic locales globally) and net Millions of dollars at the expense of the casinos. It was a tale of incredible proportions - college co-eds strapping hoards of cash to their torsos and bypassing airline security, backroom roughing up, exotic disguises and deciept.





I was riding home the other night and heard an interview with one of the actual subjects of the book and they mentioned there will finally be a movie forthercoming titled "21". I wanted to highlight the book here and recommend that you take a read before seeing the movie, as you often miss out in just seeing a movie when it was preceded by a great book. Most of the time, you'll find that movie didn't do justice to the book, but you will feel vindicated in having read it first. You'll also sound cool in front of your friends in dispelling myths and misunderstandings in the movie and you can close with, "The book was better"...(we all hate that guy, I know). Attached are links to the original as well as the book tied to the movie "21":