Persistence of good investment, not chance, wins all that is desired ultimately

JoshuaClayton By JoshuaClayton, 27th Sep 2013 | Follow this author | RSS Feed | Short URL http://nut.bz/299xs1dy/
Posted in Wikinut>Gambling>Lotteries

Thomas Jefferson once essentially said that the harder and smarter he worked the luckier he was. I am not writing about gambling in an indiscriminate way, I am writing about genuinely investing according to productive persistence as well as by genuine intuition according to a return on investment and a return on equity once invested.

Reality, responisibility and reasonable risk, when to get in, when to get out.

Investment is three things that can easily be termed "gambling" if not understood in a responsible way. It is reality, responsibility and reasonable risk. It is also a full understanding of how to win permanently and how to lose temporarily and win permanently later. My point is reality, responsibility and reasonable risk are the genuine core of a good investment. A genuine bad investment is always genuine gambling and genuine overconfidence in any situation.
So, think about this: I am writing about understanding when to go in and understanding when to come out in a genuine way that is intuitive combined with objective. With that genuine realistic confidence that comes with knowledgeable and reasonable risk that comes with patient development like that is the ultimate permanent winning through rational and patient understanding of all situations. But, here is the catch: You have to endure initial losses sometimes that can be termed "experience" and winning starts patiently, permanent loss is always impatient and intolerant of loss. In fact, that permanent loss is where the "I cannot do it" syndrome comes in.
Worse than the "I cannot do it syndrome" though is initial overconfidence that leads to permanent quitting after a few tries. The essence of reality, responsibility and reasonable risk is to develop, not depend on initial success or get spooked or fearful by initial or seemingly repeated failure.
Permanent wins do come through patient development, not through "quick investments" or easy "game playing". Let me put it this way: You play the game after you know how to win, not before. When you are learning, that is the work part. When you have experience, you can play at it and succeed big. Even then, if you want more success than failure there is an element of careful work. But, above all, be realistic in your expectations. That is key always, really. Without realistic expectations, everything is gambling. Genuinely realistic expectations guarantee a good or great return on investment not only in an ultimate sense, but also in an immediate sense, even if you just get experience as described by me a little while ago in this section.
But to end this section, in or out, reality always matters, and is your barometer for success really.

It is all about creating a genuine winner, not just a big winner.

Sure, the specter of temporary loss and frustration gets the best of us, but for the best of us, it is temporary. Indeed, when it comes to persistence in certain situations, "the best we can" is an understatement. "The genuine best we can do" happens when we change our approach creatively instead of doing the same thing over and over again expecting a different results.
Look, real success is a strange thing, it often comes in a disguise called ultimate failure, and a horrible experience that leads to genuine conscious understanding of how to succeed after that failure if we are the best, and genuinely quit if we are the worst. My point being, to create a genuine winner takes that type of experience if you want to become the best winner, for full understanding of how to fall is the key to getting back up and fighting more effectively to win.
It is easy to win once by luck, but if you want to win genuinely repeatedly, you must win consciously. Meaning, you know the totality of what you are doing and the pitfalls that accompany it, so you can genuinely succeed.
Real and genuine success takes work and understanding. Without that work and understanding, genuine loss happens even to the luckiest person on earth. If the luckiest person on earth has not built up the requisite inner strength to get past it and not be embarrassed by that "first failure", they cannot get back to the top of their game. But if they do get past those "failures", let me assure you, they will be richer than ever and stronger than ever because they know better how to consciously succeed at whatever they are doing and understand better the pitfalls involved.

Some or many of the best investments are the best thought out.

The best investments are usually and mostly the most thoroughly researched as most of the worst investments are entered into "intuitively". I do not mean genuine intuition, I mean investing on feelings and irrational faith without backing from reasonable research and reality behind it. You cannot depend on total luck and probability to always win or always lose. In fact, total luck and probabilty are inconsistent in either direction. Only genuine cause and effect are consistent, and by those I mean the reality of any situations.
But to invest on pure "emotional intuition" consistently is irrational greed based thinking really and yes, gambling in the most genuine sense of the word. Especially when you are overconfident.
If you heard the sayings like "think before you leap" or "watch as well as pray", then you are beginning to know what I am talking about. A success rate increases and certainty increases with understanding of genuine cause and effect.
Sure, what I am saying is basic understanding and "the hard way". But, think about "the easy way" of emotionally greedy gambling that seems easy while you are doing it. You mostly lose at that, right? But when you do it the realistic and honestly cause and effect based "hard way", then you are getting somewhere. Think about it, then act on what you have thought rationally, it is the only way out of loss.

The reality of the game and the theory of the game.

We all love images of success instead of realities of temporary failure, from George Herman "Babe" Ruth and his 715 home runs versus his 2,000 plus strike outs to the many successful flights of the space shuttle and few notable failures of the space shuttle. My point is permanent success is remembered while we prefer to forget the temporary failures. But, becuase of the images of success, we all love to play. That is the point of this section about the reality of the game and the theory of the game.
The theory of the game is as follows: We all want to make it to the successful mountain top. The reality of the game is as follows, we climb and work longer usually than we stay at the top in celebration with lots of temporary failure, fatigue and work along the way up there to the mountain top.
"Everybody loves to win, but who loves to do what it takes to win" as the old saying goes from "old man anonymous", yet real loss comes to those who like the images of winning, but, fear to try to really achieve their goal because there is too much work involved with genuine winning. Indeed, the best win is born of struggle and hardship, the worst win is born of ease and trickery without any substance. So, here is the age old argument that I have just answered that I will now make you aware of: Cheating versus honest winning, what is superior? What is better as well as feels better?
Well, here is where I defer to my personal opinion: I know honest winning is better, although cheating is "quicker". Sure, one who is honest has to work harder, but the more genuine a win is, the more genuine it is. Look at former Tour De France champion Lance Armstrong. You can do it quick, but you really always do pay more for it. To be honest costs less and has more beneficial learning and experience of a subject. Think about that.

If all else fails, up the ante by earning and not gambling.

Saving and earning are primary laws of cause, chance and luck are secondary laws of effect. Let me explain what I mean. You gamble on chance and luck for fun with what is extra, and win in an ironic way if you do win, and in a calm, easy way when you do lose. But, you seriously earn and save when you earn and save, because that is your sure and genuine income. Genuinely ironically, most people have this reality reversed, and they gamble primarily and earn secondarily. This is never how it should be. At worst, this is the "road to the poor house" personified, especially with diminshing returns when too much of what is earned is gambled away and lost.
The real loss is also personified when "luck runs out" and earning has to be used fully without the "fun" of gambling. Coming out good in the long run after all comes down to saving and earning, not gambling. Real fun is having something sure to "fall back on" realistically instead of depending on the next day traded pork belly contract or million dollar slot machine token in Las Vegas that costs ten dollars. Get my point, now?
The real win comes when you have something to show for your efforts, and can depend on chance and luck less than the person who is lucky at gambling. Earning is always more certain even in the worst economy, gambling can always be a loser even in the best conditions of life because of the nature of both gambling and earning.
Earning and saving at its best actually takes hard work and consistency, but little skill. Successful gambling at its worst takes lots of work and when you get desperate even with the best and most certain cheating systems, lots of skill not to get caught until you depend on absolute sociopathic dishonesty which could be mistaken for honesty and truthfulness by being able to hide in "plain sight" until someone fully understands and catches what you are doing or your subconscious guilt shows consciously through self revelations and "Freudian slips"/"the mistake of a lifetime". You do not get away with anything, especially in the kind of desperation I am talking about. Earning and saving is almost always certain, simple, powerfully honest and works over the long term. I do not stand in judgement of either path though. I am logically and honestly showing the realities of both ways from beginning to end of this article and how to use them to your benefit and full understanding.
So, I am saying gamble for fun, but primarily earn and save for a living, which is rational. For, just because you win does not mean you know how to manage if you do not know beforehand how to manage the equivalent winnings. Why do you think so many big winning gamblers come back to try to win more, more desperate than before? So, if all else fails, up the real ante by earning rather than going for the instant big winnings. I end with an old saying: "You appreciate what you earn more."

Everything is a blessing, everything has good in it, bad is what we perceive.

Sure, some of the worst happenings can turn good by means of perception. I remember the story of 3M Post-It Notes, and how they came to be. That company looked at them as the worst and silliest invention they ever made, until they perceived a use for that adhesive and those little "useless" sheets of paper that is selling around the world as a great concept for book and note markers to this day.

So, think about this: Through creativity and abstract perception, the worst things can be made into the best things. At worst, things can be looked at without this creativity for "what they are" and nothing in the way of creative and innovative ideas applied to them to give them value. For instance: You have a bad situation? That is good. Start now to create a good situation out of it. Start now to go from gambling weakly on a bad situation to creating strongly a good situation. Excuses are only seeing the bad. Creativity is making the good creatively.

Tags

Action, Attract Good Luck, Attract Money, Creating Success, Creativity, Return On Equity, Return On Investment, What Is, What To Do

Meet the author

author avatar JoshuaClayton
I am a freelance writer based in Inglewood, California, USA. I used to write under a few aliases, but now I have nothing to hide and write mostly under my own name. I write mostly on self-help topics.

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Comments

author avatar Nasrullah Idris
12th Dec 2013 (#)

The more I studied Mathematics, Statistics in particular, increasingly difficult to distinguish, "where the gambling" and "what is not"

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