Comments on: Why Casinos Deserve Our Trust More Than Banks http://www.theundergroundinvestor.com/2010/02/why-casinos-deserve-our-trust-more-than-banks/ The definitive investment blog for investment news not discussed in the mainstream media Tue, 27 Jul 2010 15:07:47 -0500 hourly 1 http://wordpress.org/?v=3.0 By: Nate Hagens http://www.theundergroundinvestor.com/2010/02/why-casinos-deserve-our-trust-more-than-banks/comment-page-1/#comment-45662 Nate Hagens Tue, 09 Feb 2010 17:38:43 +0000 http://www.theundergroundinvestor.com/?p=1354#comment-45662 I would add that the house advantage is taken out of each transaction at casinos but only a portion of the house edge is taken out in each security transaction. Since financial wealth is only a marker for real (primary) wealth, when the music stops the house advantage (commissions, etc) in financial markets will have been a far higher % than most investors realized. This won't be seen until they've left the 'casino'. Stealth vig. I would add that the house advantage is taken out of each transaction at casinos but only a portion of the house edge is taken out in each security transaction. Since financial wealth is only a marker for real (primary) wealth, when the music stops the house advantage (commissions, etc) in financial markets will have been a far higher % than most investors realized. This won’t be seen until they’ve left the ‘casino’.

Stealth vig.

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