Utterly useless advice from a stranger on a train.
I had a friend who was like that. Whatever you did, when it turned out wrong, he was there to tell you how you should have done the other thing.
“A bird in the hand is worth two in the bush” a saying that means, Don’t take risks.
“Nothing ventured nothing gained” a saying that means DO take risks!
So, when do you hold ‘em?
When you find out that you held the better cards.
When do you fold ‘em?
When you find out that the other guy had the better hand.
When do you find out?
When it is too late!
But hey who actually listens to the words of a song anyway?
And a whiskey mooch as well.