Mutuel Quotes & Sayings

Always be the worst guy in every band you're in. - so you can learn. The people around you affect your performance. Choose your crowd wisely. — Chad Fowler

At the core of an analytical edge is an ability to systematically distinguish between fundamentals and expectations. Fundamentals are a well thought out distribution of outcomes, and expectations are what's priced into an asset. A power metaphor is the [pari-mutuel] racetrack. The fundamentals are how fast a given horse will run and the expectations are the odds on the tote board. As any serious handicapper knows, you make money only by finding a mispricing between the performance of the horse and the odds. There are no 'good' or 'bad' horses, just correctly or incorrectly priced ones. — Michael Mauboussin

Everything can be forgiven in this world, save telling the truth. — Carlos Ruiz Zafon

Women are the pivot round which the world turns. — Leo Tolstoy

No matter what spiritual path you've walked or what teachings you've followed, they must lead you back to no path and no teaching. A true teaching is like a blazing fire that consumes itself. The teaching must not only consume you, but consume itself as well. All must be burned to ash, and then the ash must be burned. Then, and only then, is the Ultimate realized. — Adyashanti

The model I like to sort of simplify the notion of what goes on in a market for common stocks is the pari-mutuel system at the racetrack. If you stop to think about it, a pari-mutuel system is a market. Everybody goes there and bets and the odds change based on what's bet. That's what happens in the stock market. — Charlie Munger

The closest thing that comes to how the day felt is when you wipe back to front. You're on the toilet. You're not thinking, and you smear shit on the back of your hanging-down wrinkled ball skin. The more you try to wipe it clean, the skin stretches and the mess keeps getting bigger. The thin layer of shit spreads into the hair and down your thighs. That's how a day like this, how it feels to keep secret. — Chuck Palahniuk

So you can get very remarkable investment results if you think more like a winning pari-mutuel player. Just think of it as a heavy odds against game full of craziness with an occasional mispriced something or other. And you're probably not going to be smart enough to find thousands in a lifetime. And when you get a few, you really load up. It's just that simple. — Charlie Munger

My Nafs screams out for what it desires. But my will to be free screams louder. — Yasmin Mogahed

I admire writers who can make complicated things simple, but my own talent has been to make simple things complicated. — John Barth

Sweet songs of youth, the wise, the meeting of all wisdom To believe in the good in man. — Jon Anderson

Writing is the place where I can be as bold and compassionate and wise as I choose. — Richard Bowes

I learned that the Canadian government is very supportive of their native artists. As a rule, at least half of the play list played on Canadian radio stations must be of national origin and any non-Canadian headlining artists must include at least one national act on their bill. This kind of support has established Canada as a creatively fertile ground for some of music's greatest artists. The — Rudy Sarzo

To us, investing is the equivalent of going out and betting against the pari-mutuel system. We look for a horse with one chance in two of winning, and that pays three to one. In other words, we're looking for a mispriced gamble. That's what investing is, and you have to know enough to know whether the gamble is mispriced. — Charlie Munger

I try to picture my books being acted out. — Denise Fleming

To deny our errors is to deny ourself, for to be human is to be imperfect, somehow error - prone. To be human is to ask unanswerable questions, but to persist in asking them, to be broken and ache for wholeness, to hurt and to try to find a way to healing through the hurt...Spirituality accepts that "If a thing is worth doing, it is worth doing badly. — Ernest Kurtz

Pray: O Lord, make my eyes see only the good in everyone. — Mata Amritanandamayi

I returned to New Orleans and my problems with pari-mutuel windows and a dark-haired, milk-skinned wife from Martinique who went home with men from the Garden District while I was passed out in a houseboat on Lake Pontchartrain, the downdraft of U.S. Army helicopters flattening a plain of elephant grass in my dreams. — James Lee Burke