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	<link>http://www.no-deposit-gambling.org/235/investing-money-blog-archive-no-deposit-gambling-casinos-diversifying-your-financial-portfolio/</link>
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		<title>By: reqanemjo</title>
		<link>http://www.no-deposit-gambling.org/235/investing-money-blog-archive-no-deposit-gambling-casinos-diversifying-your-financial-portfolio/comment-page-1/#comment-789</link>
		<dc:creator>reqanemjo</dc:creator>
		<pubDate>Fri, 22 Oct 2010 10:03:02 +0000</pubDate>
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		<description>&lt;div &gt;&lt;p&gt;The 80-year old billionaire, who runs the company out of Omaha, Nebraska, with his long-term colleague Charlie Munger, said &quot;Wall Street does a lot of good things and then it has this casino. It&#039;s like a church that&#039;s running raffles on ...&lt;/p&gt;&lt;/div&gt;&lt;div &gt;&lt;p&gt;Nancy Davis , a rising star at Goldman Sachs Group Inc. , left in January 2008 after an eight-year run betting the firm&#039;s money on derivatives to become a portfolio manager at Highbridge Capital Management LLC. ...... is like a church that benefits society, then falters by operating a gambling venture on the side. Wall Street &quot;does a lot of good things and then it has this casino,&quot; Buffett, 80, said today at Fortune magazine&#039;s Most Powerful Women conference in Washington. ...&lt;/p&gt;&lt;/div&gt;</description>
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<p>The 80-year old billionaire, who runs the company out of Omaha, Nebraska, with his long-term colleague Charlie Munger, said &#8220;Wall Street does a lot of good things and then it has this casino. It&#8217;s like a church that&#8217;s running raffles on &#8230;</p>
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<p>Nancy Davis , a rising star at Goldman Sachs Group Inc. , left in January 2008 after an eight-year run betting the firm&#8217;s money on derivatives to become a portfolio manager at Highbridge Capital Management LLC. &#8230;&#8230; is like a church that benefits society, then falters by operating a gambling venture on the side. Wall Street &#8220;does a lot of good things and then it has this casino,&#8221; Buffett, 80, said today at Fortune magazine&#8217;s Most Powerful Women conference in Washington. &#8230;</p>
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		<title>By: dfiu</title>
		<link>http://www.no-deposit-gambling.org/235/investing-money-blog-archive-no-deposit-gambling-casinos-diversifying-your-financial-portfolio/comment-page-1/#comment-683</link>
		<dc:creator>dfiu</dc:creator>
		<pubDate>Thu, 16 Sep 2010 10:03:02 +0000</pubDate>
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		<description>&lt;div &gt;&lt;p&gt;Most people would have better luck playing the casinos than stock-picking, especially those that don&#039;t have the GS trading desk on speed dial, and should therefore only invest their money in ways in which the return of principal and return on .... At $10000 PMT, set at the beginning of the year, every year for 15 years in this portfolio, my financial calculator gives an ending dollar value  of $295293.66. The ?diversified? portfolio (done properly) beats CD&#039;s, the S&amp;P 500, ...&lt;/p&gt;&lt;/div&gt;</description>
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<p>Most people would have better luck playing the casinos than stock-picking, especially those that don&#8217;t have the GS trading desk on speed dial, and should therefore only invest their money in ways in which the return of principal and return on &#8230;. At $10000 PMT, set at the beginning of the year, every year for 15 years in this portfolio, my financial calculator gives an ending dollar value  of $295293.66. The ?diversified? portfolio (done properly) beats CD&#8217;s, the S&#038;P 500, &#8230;</p>
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