3 ms·
This is not correct. If we consider a tech startup a single gamble, then living off trading is a continuous stream of independent gambles. While individual ga
by arghwhat 7y ago
This is not correct.
If we consider a tech startup a single gamble, then living off trading is a continuous stream of independent gambles.
While individual gambles may turn out better than the average (even many in a row), repeated gambling will always see the total outcome return to the normal.
This is why the house always wins.