The only way to have a noble profession,

Is to have skin in the game,

Form ideas,

See if you are correct,

By betting money on them.

This is the only way to see if you are actually as smart as you want people to believe you are…

And by not making a bet, you are in fact choosing to make a “negative bet”

So in effect you are betting that there is no money to be made now…

And you can’t follow anyone in the predicting business.

You should get to know how they see the market,

But you can’t adopt their religion.

When it comes down to anything human,

You have got to experience it for yourself

And form your own beliefs.

That is the only way.

And to really know you are doing what you think and you are right,

You have to bet large.

This way you will have conviction in the idea,

Cause it will be yours.

You know you can stick it out if it is yours.

It is only yours if you form enough reasoned conviction that it is a good idea with a high payoff.