Not every person is a gambler, nor is every person a cowboy.There is no one set of correct rules, mathematical formulas, or theory.

Are you a professional gambler?

When you are a home buying addict saying no to some of those houses can be tough, but I'm not much of a gambler and would rather sleep well at night even if it meant buying less houses :-)  We also brought on 2 new buyers and entered 2 new markets towards the end of last yea which I feel like actually ended up brining our numbers down last year but now that they are more trained and we are more familiar with these new areas I am hoping that we can really hit the ground running in 2015!

Plus anyone that buys stock based on "technical analysis" is a gambler not an investor.

Better to lose on a small amount than a 100k flip.The worst thing that could happen to a gambler the first time they ever played is to win big.

Buying for appreciation is a fool’s game better left to speculators and gamblers.

It was like entering into a poker room full of uptight gamblers.

The reason I use "investments" in quotes is because, as you indicated, Kelly Criterion is typically used by gamblers who have the opportunity to make positive-expectation bets -- most commonly sports bettors and skilled blackjack players.I actually played professional blackjack for a couple years in college, and Kelly was the basis of my overall betting strategy.

But I am always mindful of the stock trader and the gambler, every time they win they boast about it without realizing all of the costs (losses).

interesting thoughts about builders taking their fingers off the trigger, but I’ll bet there’s going to be some big gamblers here and there.