Double or quits?

[DimPrawn]

If I offered you the chance to play a coin flip game with a 50/50 chance of doubling or halving your money, would you take it?


Answer?

Yes

April 8, 2013: Shannon's Demon

[AtW]

No.

[SimonMac]

Yes

[mudskipper]

I think you've flipped.

[DimPrawn]

I'm basically trying to show how rebalancing a portfolio can turn a losing proposition into a winning one.

Parrondo's paradox: Parrondo's Paradox, stock market, "Volatility Pumping".

In other words, managing your portfolio of investments is far more important than how the constituents perform.



But I'm sure you all already know the mathematics behind this anyway.

[AtW]

But I'm sure you all already know the mathematics behind this anyway.

It's not mathematics.

It's a load of bollox for gamblers who are too unlucky to win and too stupid to stop, so they keep looking for some sure win strategies.

Might as well go to casino and put X on red or black, in case of loss just TRIPPLE your stake and soon you'll make guaranteed profit.

[DimPrawn]

It's not mathematics.

It's a load of bollox for gamblers who are too unlucky to win and too stupid to stop, so they keep looking for some sure win strategies.

Might as well go to casino and put X on red or black, in case of loss just TRIPPLE your stake and soon you'll make guaranteed profit.

I can see why you are still working in a server room and living in a rented bedsit.

[AtW]

I can see why you are still working in a server room and living in a rented bedsit.

Why?

[Troll]

Can I phone a friend ?

[DimPrawn]

Can I phone a friend ?

50/50?