This is ironically why I tilt to SV. I couldn’t handle making this bet and losing from 2000-2010, when the 4% likelihood showed up and I made nothing in the SP500. Lost, in fact.Beautiful!One last thought.
Lets say you proved that a coin had a bias, that it would come up heads 55% of the time.
A fair coin would have 4 straight tails 6% of the time, the unfair one 4%.
With this in mind, how much would you alter you betting? Would you bet your house on this slight advantage? You can only make 1 bet and you won’t know if you have won for 10 years.
Statistics: Posted by donaldfair71 — Thu Mar 07, 2024 4:37 am — Replies 22 — Views 1789
