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Non-Tech : The Critical Investing Workshop
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To: TigerPaw who wrote (11353)4/6/2000 12:23:00 PM
From: J.B.C.  Read Replies (1) of 35685
 
TP,

If the odds are 50-50 on a bet, over the long run you break even. If the odds are better than 90% on a bet, you come out ahead in the long run. I'll have to dig out the ol' college stat book and review.

Agree that margin use IS risky.

Jim
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