FARMING – – – GAMBLING – – – INSURANCE

There’s an old saying, “What’s the difference between farming and gambling?”

Answer:  “In gambling you can quit.”

It’s better to be born a farmer than decide to become one.

 

One of the best definitions of gambling, sponsored by the government, is this:

“The lottery is a moron tax.”

 

And now for the two foundational principles of insurance:

01—Insurance is based on fear.  What if . . . ?

02—Insurance is worse than gambling.  You win only if you have tragedy or loss.

One of the best typographical mistakes I ever made was only off by one letter, and it made the sentence more accurate.  Now I share it on purpose.

I meant to type, “I’ll insure this.”

What I did type, “I’ll unsure this.”

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