Warren Buffett playing Golfing with a group of friends – including the manager of one of the Insurance companies he owns Jack Byrne.
Jack made a wager.
“If you all pay me an $11 ‘Premium’ I’ll pay you $1,000 for anyone that makes a hole in one this weekend”.
They all eagerly took the bet – except Buffett.
Now, $11 is not a lot of money if you have $80 Billion or so.
So why didn’t Buffett take the bet?
He thought that even if he hit 1,000 balls over the weekend he would be unlikely to hit a hole in one.
So he didn’t think he was being compensated for the risk – he didn’t like the odds.
And as he said, ‘What you do in little things, you do in big things’.
The sort of investments that made Warren Buffett the world’s richest investor, are ‘slam dunks’….investments priced so cheap it’s hard to go wrong.
Terry Tran is the same.
While he knows he will lose money on some trades, he actively minimises this risk, with his investing criteria.
So much so that he’s got a track record of 89% winning trades – that’s nearly 9 out of 10!
Now, while the past does not predict the future, and all investments have risk, this is clearly a stellar track record.
And, at his new event, he’ll show you how he picks potential winning trades in less than 5 minutes.