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On the other hand, that just means you're statistically more likely to succeed on your next attempt.
by palish 15y ago
On the other hand, that just means you're statistically more likely to succeed on your next attempt.
- petervandijck 15y agoI don't think that's what it means, statistically :)
- aaronblohowiak 15y agoBayesian or frequentist? ;)
- hluska 15y agoComments like this are why I love this site so dearly! :-)
- petervandijck 15y agoDoesn't matter, a bad history in investing doesn't statistically mean that you're more likely to get it right the next time, that would mean that everyone gets it right eventually if they just keep trying, which isn't really how investing seems to work. Even if investing was a lottery, it past failures don't indicate future success.