This afternoon, Ruby stopped by and asked me to go to the casino with her. I always enjoy spending time with family and was happy to do so, despite my general distaste for casinos (as an investor, I know the probability tables and payout ratios for most of the games; I love owning casino stocks but find myself unable to play the games without feeling like I’m doing something foolish).
As she went into play, I grabbed dinner because I hadn’t eaten. I sat down with a book I picked up at Barnes & Noble the other day, Search Engine Marketing, Inc. and read for about an hour. It’s one of the best books on the topic I’ve ever seen, to be honest.
I couldn’t help but taking a photo of the buffet dinner because it made me laugh. It’s so unbelievably stereotypical of a Midwestern casino, complete with the 500 pound, chain smoking senior citizens sitting in the booths next to me. I know it’s wrong, but it’s funny.
After some time, I ended up going in and losing $25. It’s amazing because a $50,000 fluctuation in the market price of an investment doesn’t phase me but I just can’t take the tiny loss because I knew the probabilities were against me from the outset.
One really bright note: The casino served Douwe Egberts coffee so I was happy.
