fml_101

4 ms·

1. 1.▲
   by fml_101 4y ago

   "The median outcome is steady growth" - Yeah, no that's wrong. There's no algorithm you can use to get steady growth from a fair coinflip. Math 101
2. 2.▲
   by fml_101 4y ago

   I'm not trying to be negative... The article claims the expected gain from this strategy is 2% but it's actually 0%. Plug in the numbers for all permutations of possible results if you don't believe me. Starting with a dollar
3. 3.▲
   by fml_101 4y ago

   This is why gambling is stupid.. Do everyone a favor and invest in yourself - real skills to give back to the world. “can actually make it possible to generate positive returns at the portfolio level, even when all of the portfolio’s indivi