Start Bank: $198,00
Mr. Kelly's Bank: $186,18 (+830,90% profit)
Mr.Kelly's Start Bank: $20,00
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Mr. Kelly stormed to a new high of $218,12 this weekend, before falling back to $186,18. I have had a poor start to the month, dropping another -$61,18 yesterday. But that's the way it goes...
Here's the chart updated. You can also see the good progress of my reserve bank, invested in a stocks and bonds investment plan known as "Shannon's Demon", under the careful eye of my Dutch financial team. They pushed it up to $683,84, which is a profit of $22,60 this month.
There have been one or two followers who expressed surprise that I would invest Betfair profits in stocks, "That's so risky!". Oh my! What do you think you are doing on Betfair, man? That's right- slapping your money down and rolling the dice, just like my lads in Amsterdam. No difference. The only difference between an investment and a gamble, as John Kelly noted, is a - sign in front of the expected profit.
