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“If a betting game among a certain number of participants I played long enough, eventually one player will have all the money. If there is any skill involved, it will accelerate the process of concentrating all the stakes in a few hands. Something like this happens in the market. There is a persistent overall tendency for equity to flow from the many to the few. In the long run, the majority loses. The implication for the trader is that to win you have to act like the minority. If you bring normal human habits and tendencies to trading, you'll gravitate toward the majority and inevitably lose.”

“Basically that you can do anything. If you pool your resources,and just give up the idea that you're going to act like a normal person or sleep, if you want it hard enough and do it well enough, it happens. A lot of really talented people either sort of get crushed under the wheel of the movie studio system or desperately try and get their next gig in TV. I understand why, because we've all got to put food on the table and the brass ring is out there, we'd all like to be making the Emmy-winning shows and the blockbusters and all that, but at the same time you could be doing stuff yourself.”

“You can feel the same thing in football or soccer - that for the best teams in Spain and England, for instance, the public... they're not really going to cheer at all when they play against bad teams unless they do something spectacular. Even if they're winning by a few goals they'll probably just say, "nah." That's normal and they're not excited about it.”

“One of the most basic factors in sports is that winning becomes a habit, and losing is the same way. When failure starts to feel normal in your life or your work or even your darkest vices, you won't have to go looking for trouble, because trouble will find you. Count on it.”

“Oh. A bigger studio. It dawns on me, stupid me, that Henry could win the lottery at any time at all; that he has never bothered to do so because it's not normal; that he has decided to set aside his fanatical dedication to living like a normal person so I can have a studio big enough to roller-skate across; that I am being an ingrate. "Clare? Earth to Clare..." "Thank you," I say, too abruptly.”