Monday, May 31, 2010

Human Brain Wiring

The mind isn't wired to make smart decisions about consumer credit.

As someone who just played craps for an excess of 10 hours this weekend, I can attest to the limits of rational thinking amongst human beings. The entire premise of casinos is based on irrationality - if you play long enough - you will lose. It is that simple. Losing is an inevitability over time. Which is why I will only gamble on the cheap.

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