Lucky Stripes

How to play Lucky Stripes

Baldwin and fellow casino entrepreneur Shawn Scott arrived in Laos in 2007 with ambitious plans to build a casino business aimed partly at customers crossing the country’s borders.

The pair established Sanum Investments and partnered with Laotian conglomerate ST Group. Baldwin later testified that the investors initially committed around $7.5 million to the venture, which envisaged two casino resorts and several slot clubs.

Their biggest success was Savan Vegas, strategically located near the Friendship Bridge linking Laos with neighboring Thailand across the Mekong River. A planned second resort, Paksong Vegas, was never built.

How to play Lucky Stripes

Buffett, who built his fortune buying “wonderful businesses” at fair prices and holding them for the long term, believes the public has mistakenly adopted a get-rich-quick mindset.

“We’ve never had people in a more gambling mood,” Buffett observed.

In his 2022 letter to shareholders, he criticized mobile trading apps that make day trading and speculative positioning effortless, accusing them of turning the stock market into a “gambling parlor.”

About Lucky Stripes

Bayer Leverkusen vs. Young Boys (Agg 3-4) (8pm GMT kick-off)

Club Bruges vs. Dynamo Kyiv (Agg 1-1) (8pm GMT kick-off)

Dinamo Zagreb vs. FK Krasnodar (Agg 3-2) (8pm GMT kick-off)