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- 1. Caveat OFW – Scammers at the Gates, Part 1
- 2. The Tale of the Oilman and How Herds Trash Reason
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- 4. The Four Telling Signs of Lack of Investment Literacy
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- 6. The Good Luck Charm That I Know
- 7. When Humans Bend Credit Rules, Ghosts Appear and Darkness Looms
- 8. Is Franchising the Road to Entrepreneurial Success
- 9. Are You Ready to Invest in Mutual Funds
- 10. The Three “Musts” of an OFW Bank
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Tag Archives: Manny Pacquiao
You can call me unpatriotic, superstitious or a crackpot, but I strongly felt the certainty of Manny Pacquiao’s loss to Timothy Bradley after I read chronicler Marv Dumon’s revelation of Pacquiao’s “16th jinx,” as mentioned in Recah Trinidad’s PDI 04-12-12 article and in which I, in turn, quoted in my previous post entitled “The Bull-Bear Connection – An Unsolicited Advice to the Black Swan Manny Pacquiao“.
There’s a strange connection between the stock market and boxing success.
In the stock market there are bulls and bears; in the realm of boxing or pugilism, there also are bulls and bears. The bulls are those times when a boxer keeps on winning and if ever he loses, he quickly regains the winning touch. The bears come when the boxer loses and appears to have lost the winning touch.
With the controversial Manny Pacquaio win in last Sundays (or Saturday in the West) bout with his nemesis Juan Manuel Marquez still the subject of much debate, it may help to make a few jabs at the issue of sports betting and how close it can get to investment.
Barely two months ago in November 2010, there were lots of sound and fury over the huge and continually mounting prize pot of lotto in the Philippines. The hype was building up by the day as the grand lotto prize crossed the half-billion peso mark. I wanted to write about it then but unfortunately, there were higher things in my pecking order. Now I think the time has come to say something about this issue of gambling: whether gambling can be considered investment of sorts. Or whether investment can be considered gambling.
For this post, we use the concept of the Black Swan as elucidated by author Nassim Nicholas Taleb in his bestselling book, The Black Swan, The Impact of the Highly Improbable. The aim is to see what insight or lesson we can pick up from the extraordinary rise of this erstwhile ordinary man that is Pacquiao. Continue reading