So, it's
very important for most people to know when not to make a bet, because
if you're going to come to the poker table, you're going to have to beat
me, and you're going to have to beat those who take money.
So, the nature of investing is
that a very small percentage of the people take money, essentially, in that
poker game, away from other people who don't know when prices go up whether that
means it's a good investment or if it's a more expensive
investment.
Read more: http://www.businessinsider.com/ray-dalios-poker-analogy-for-investing-2013-1#ixzz2IuEMve6w
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