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Politics : Ask Michael Burke

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To: Freedom Fighter who wrote (79845)4/18/2000 4:50:00 PM
From: Zach E.  Read Replies (1) of 132070
 
EMH Theorist: "It was a three sigma event, pure luck."

non-EMH Theorist: "Actually, we've done the calculations, and it turns out that for the returns to be explained strictly by chance, it would have to be twenty sigmas."

EMH Theorist: "I guess that it would take many billions of years for that to be expected to happen purely by chance."

<pause>

EMH Theorist: "That is one lucky guy!"

Zach

(Actually, I have no idea what the probabilities involved are, but I certainly agree with the substance of your argument.)
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