Ice-skating and gambling

When you’re ice-skating it pays to move in the same direction as everyone else. Otherwise there is chaos and your chances of not falling and then getting into a groove diminish.

Professional gamblers on the other hand know that it pays to move in a different direction to everyone else. When the market has moved too far in one direction that’s when value arises in looking at things in another way.

The trick for us is to know what the best option is for ourselves in our own particular situation.

And while thinking like others will probably help us to stay on our feet, to win big it often pays to think differently.