Making the Wrong Move at the Right Time – Cincinnati Kid

The dealer is incredulous. “You’re raising tens on a lousy three flush?” she says to Robinson. Robinson never should have made that bet since he had only the slim makings of a straight flush and he was staring at McQueen’s pair of tens. You don’t often beat two pair, and certainly not a full house.

Lesson for an investor?

Hint: The market is no place for “making the wrong move at the right time.” Stick to your plan. Don’t personalize losses or success–especially success.

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