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Strategies & Market Trends : The Art of Investing

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Dec 26 4:00 PM EST

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To: Stuart C Hall who wrote (869)	2/20/2000 2:58:00 AM
From: timbur	Read Replies (2) of 10713

Mathematicians be damned Huh? Stuart, no mathematician has ever claimed that coin flips have any sense of dependecy! Some people here or elsewhere might have, but they are not mathematicians. I know this stuff, having taken probability 4 times in college. :) And yes, despite that ugly truth, I do have a Math degree. I think your betting psychology is flawed. The most important factor in the size of my bets is alcohol consumption. The more I drink, the larger my bets until I either run our of bankroll or pass out. Seriously though, I tend to be more cavalier in my betting when I am up. Now, there was a recent paper published in "Nature" that dealt with how a player could win at 2 losing games by switching randomly between them. That was interesting. I found some of the research on the net. Ask if you're interested. Cheers, Tim

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