4 ms·
This is well-stated. In fact, an even stronger statement is possible: If you start with $1MM, eventually you will fall below $1 and never go above $1 again no
by mturmon 7y ago
This is well-stated.
In fact, an even stronger statement is possible: If you start with $1MM, eventually you will fall below $1 and never go above $1 again no matter how long you keep playing.
And all of that not just on a fraction of sequences, but with probability 1.
- kgwgk 7y agoTrue, as I said in a previous comment we have “almost sure” convergence to zero (i.e. the sequence will converge to zero with probability one).