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Originally Posted by saden1
Con-artist is definitely an extreme because it implies that the person is knowingly committing a crime. I don't think jsarno is trying to rob someone by pitching his system. Like everything else in life, things happen by chance, but then again smart risk taking yields people like Warren Buffet. The stock market a is a big game of chance after all.
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No it's not, not even close. You can make money in the stock market by knowing an industry and a particular business's operations very well. There is a degree of luck involved, but by and large, you can pick winning stocks if you're a brilliant business mind, like Warren Buffett. He's widely regarded as one of the smartest businessmen that's ever lived. Are you going to tell him he just got lucky??
Roulette involves guessing which number the ball's going to land on. You can't research that.
Anyone who writes a book on beating roullette is either a crook or a moron. Ask any Vegas casino, they'll tell you. Systems don't work. So the guy writing the book either knows systems don't work and wrote the book anyway, or he just doesn't understand roulette.
jsarno claimed his system ALWAYS works. But he hasn't tried it by betting any more than $5 at a time. If he truly felt his system was foolproof, there'd be no risk for him, and he would have made millions on it already. Seems like he knows it's bogus, otherwise he'd be betting thousands in Vegas as we speak.