Re: Young poker players and their winnings?
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there isn't some way to make 10%+ passively and with a minimum of risk?
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What is a "minimum of risk"?
Why do you think banks make mortgage loans at 6% or 7%? Why do that when they could get 10% passively with a "minimum of risk"?
The market may not be perfectly efficient but it is also not braindead.
Think of it this way: if you have a good credit rating you can probably secure a no questions asked loan at 7% or 8%. If you could invest at minimal risk at 10%, why not just borrow the max, invest, pocket the difference, and repeat until filthy rich?
eastbay
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