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Lindley Estes is a business writer for The Free Lance-Star and This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Wall St. lessons learned in Vegas

THEY SAY WHAT happens in Vegas, stays in Vegas.

But the way my friends and I do Las Vegas, there’s no reason to keep it in Vegas.

My two best friends from college and I have been to Sin City for each of the past 10 years. When we first got out of school, it was slightly raucous. Lately it’s been little more than a few days of golf, buffets, light gambling and early bedtimes. Sad, I know.

We all set aside a certain amount of casino money before the trip. It’s money we can afford to lose. Though we’d prefer to win, we don’t lose any sleep if (when) we don’t. We see it as no more than an entertainment fee.

Why am I telling you this relatively boring story of a man rapidly approaching middle age? Because I think it holds some lessons for investing.

Click here for this week’s full Business Browser column.