Why Unrealized Gains Are Dangerous for Both Gamblers and Investors

“Unrealized gains” refer to an increase in the value of an asset that has not...

Stages from a Casual Gambler to a Gambling Addict

1. Experimentation Stage 2. Regular Gambling Stage 3. Risk-Taking & Increasing Bets Stage 4. Loss...

The Danger of Probability Illusion in Investing and Gambling

Probability illusion (or misinterpretation of probability) is one of the key reasons why many people...

Optimistic Illusion: Why People Lose Money in Gambling and Investing

Optimistic illusion is one of the main reasons why people lose money in gambling and...

Why Do People Love Gold

Gold has long been considered a symbol of wealth, power, and beauty. Some key reasons...

Kitten Doesn’t Want to Go to School

The kitten has a beautiful white coat. Being a mischievous and playful cat, the kitten...

From an Ordinary Man to a Professional Gambler

A Casual Beginning Minh, an ordinary office worker, never imagined that his life would be...

The Psychology of Gambling and Priceless Lessons

Below are some reflections and analyses on the “psychology of gambling” as well as the...

Blind Men and an Elephant

Once upon a time, in a village, there were five blind fortune-tellers. One day, an...

The Legend of Betel and Areca Nut

Once upon a time, in a village, there were two brothers in a studious family...

Leg, Arm, Ear, Eye, Mouth

Miss Eye, Mr. Leg, Mr. Arm, Mr. Ear, and Mr. Mouth have always lived together...

The Clever Boy Fairy Tale

In the past, although the country was at peace, the northern king always had the...