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I never seem to understand why gambling with other peoples money is celebrated. Its not like they were a startup trying to create and market a product and struc

by ksk 11y ago

I never seem to understand why gambling with other peoples money is celebrated. Its not like they were a startup trying to create and market a product and struck it rich. If you had to stretch it, there is a thin veneer of celebrating math in the article. But lets face it, if there was no money involved, forbes would most certainly not be covering mathematicians discussing equations.

melling 11y ago
No, they used stochastic to reduce risk and find patterns in the markets. http://www.amazon.com/Against-Gods-Remarkable-Story-Risk/dp/0471295639 http://www.amazon.com/Against-Gods-Remarkable-Story-Risk/dp/... You prefer the old fashion way? Aren't startups gambling with other people's money? What's the success rate there? 1 in 100?