The Loser's Game

[craft]

Written nearly 40 years ago

Given how holding periods have decreased in the years since it was written and hence the drag of costs increased, it’s probably even more relevant today than when written.


http://www.collinsward.com/Articles/CWCM_The_Loser's_Game.pdf

 

[robusta]

Written nearly 40 years ago

Given how holding periods have decreased in the years since it was written and hence the drag of costs increased, it’s probably even more relevant today than when written.


http://www.collinsward.com/Articles/CWCM_The_Loser's_Game.pdf

Very good article, make less mistakes indeed.

 

[Ves]

Fantastic read - elaborates on some concepts I enjoying thinking about quite well. Thanks mate!

The dichotomy of Winner's Game / Loser's Game might prove quite handy in lots of different things.

 

[tech/a]

Great read.

TWO Things came to mind as I read through

(1) Anyone can turn a profit in a bull market
(2) Preserve capital to keep yourself in the game.

Cliche' sure but as you read you'll see what I mean.

 

[notting]

Play golf with a five iron and a putter.
Swing about 2/3 rds as much as you normally do.
Try it! Can u put that ego away as your friends laugh at your pathetic girly drives!!
WIN!
Personally I hate golf. But enjoy laughing at the idiots beating themselves.