“The collective ‘mind’ of the public imagines that if it could only once find the ‘combination’ for beating the races, it would be all set for life. The public wants to hit on some simple key, shown by numbers in the past performances, and use this key to get richer and richer as racing goes on. Few players take into consideration the principle of ever-changing cycles of results, although the minor ups and downs of this principle can be seen at every long race meeting. The would-be professional player must always understand that the form moves away from the public’s knowledge. . . .
“And now, we’ll see how the principle of ever-changing cycles works automatically. Nobody tells the results to move away from the public’s selection methods. Nobody makes rules to cause a ‘revolution’ in results sequences. Here is what happens: First, as the public got wise to the winning ways of the system, the public’s bets began to cut the prices on the selections.”
-Robert L. Bacon
Secrets of Professional Turf Betting
The main purpose of Stableboy Selections is to highlight securities with above-average mathematical expectation. Accordingly, there will be heavy emphasis on control situations and arbitrages.
Name: Derek
Location: 14 Wall Street
Email: stableboyselections at gmail dot com
How do I set up a RSS feed to this site? What URL do I use?
Thanks.
Great blog. How do you come across special situations involving small regional companies, or other companies too small to appear in the major financial newspapers? It seems you must have some great sources. How many of the ideas do you commit your own capital to?
Just wanted to congratulate you on your blog, Derek!
Cogitator, why don’t you go into science or academia?
If the scientific method is applicable to some field, it is likely that someone has already exhausted its utility in that field. So my preference is to concentrate on areas people may have overlooked. It is not accidental that the topics I find to be most interesting tend to be controversial and taboo; a scientific mind is particularly useful in such areas.