Dr. Sanjay Gupta: How to Safely Store Your Leftovers
We all have our cooking rituals, but are some of them unsafe? Dr. Sanjay Gupta gets to the bottom of handwashing hygiene, especially when handling…
Thought Leader: Sanjay Gupta
Donald Trump, the risk-taker, is gambling with lives
By Niall Ferguson (original source The Globe and Mail)
“We who only bet occasionally on a horse race are fascinated by true gamblers: those who frequent not only casinos and stock markets, but also the pages of history. We normal folk tend to think of two types of gambler. There is Fyodor Dostoevsky’s compulsive gambler, who cannot resist the lure of the roulette wheel – who ruins himself by betting and betting.
Then there is the gambler as master speculator: Charles Dickens’s Merdle, Anthony Trollope’s Augustus Melmotte – both loosely based on Nathan Rothschild – or our own age’s George Soros. This kind of gambler calculates the odds of each bet carefully.
Yet there is a third kind of gambler, who lies between these extremes. He wins some; he loses some. He does not gamble to become a billionaire. He gambles for the sheer love of gambling. The risk-lover bets every day on the basis of his intuition – his gut. To him, the bet is an act of will, intended as much to dominate the counterparty as to make money. The bravado is the point.”
Click here to read more
Relevant and recent posts
Ian Bremmer: “We’re not much closer to a ceasefire”
The Trump administration is pushing to secure a peace deal to end the war in Ukraine. But what that looks like and whether Russia is…
Thought Leader: Ian Bremmer
Neal Katyal on Challenging Trump’s Global Tariffs
On this special edition of the show, Barry sits down with Neal Katyal, Milbank LLP partner and former acting Solicitor General of the US. Barry…
Thought Leader: Neal Katyal
