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The comment I'm replying to says: > But this is purely a result of the distribution of returns from a single toss. Your examples contain two tosses.
by kevinwang 3y ago
The comment I'm replying to says:
> But this is purely a result of the distribution of returns from a single toss.
Your examples contain two tosses.
- erik_seaberg 3y agoYou’re right, I missed the small probability of coming out ahead on a short series because losing dominates long series. Which is what the author is trying to get across to me. Thanks.