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The point they're making is that fewer than 30% of monkeys would still be positive after so many years if it were random chance Idk if that's true but you're n
by Aachen 3y ago
The point they're making is that fewer than 30% of monkeys would still be positive after so many years if it were random chance
Idk if that's true but you're not saying what percentage one would expect to see instead
I also think monkeys are the wrong example here because aren't they at even odds with the index? 50% of them, assuming they take no bananas for their service and assuming they don't get to make more trades than the index does, should have beaten the index, if my currently-half-awake brain is working correctly
- unusualmonkey 3y ago> The point they're making is that fewer than 30% of monkeys would still be positive after so many years if it were random chance I'm not sure that's the argument being made, but if so, it's a terrible argument. I'll let the statisticians figure out of randomly ~50% should beat index or not.