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The Zulu Principle: Making extraordinary profits from ordinary shares by Jim Slater

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1. Winning

Investment is no different from any other game. Winning is much more fun than losing, and luck and skill both play their part. Bad players often complain about their luck, but as Gary Player, the famous golfer, said, ‘The harder you work, the luckier you get.’ Elmer Letterman put this another way, ‘Luck is when preparation meets opportunity.’ Let me show you how to prepare for investment and become a winner.

There is a great deal of luck in Monopoly. If you have bad dice, you might travel around the board paying huge amounts of tax and end up sitting in jail while your opponent snatches all the good sites. However, there is a small skill element in the game, and over a long period better players will win more often. Let us analyse ...

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