"Ain't But Three Things to Gamblin'..." -- Puggy Pearson's Wisdom

"....Legg Mason's Bill Miller... was passing on the wisdom of two-time world poker Champion Puggy Pearson when it comes to gambling. 'Ain't only three things to gamblin'.' Pearson said. 'Knowing the 60/40 end of a proposition, money management, and knowing yourself.' ... Blackjack and by implication investing could be conquered... by identifying opportune moments when the odds favor the player as opposed to the dealer..."

--Investors Insight, 10/2/2006 --Bill Gross