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Limited Pie

2002-03-05 18:19:43+00 by Dan Lyke 1 comments

I think Limited Pie is going to make it on my regular reads. For a sample, tru this entry on the failure of Martingale Systems in gambling. I think there's a lot to learn about markets there.

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#Comment made: 2002-03-05 19:06:31+00 by: meuon

I learned all of this in 8th grade, where my Geometry teacher showed it all to us.. while dealing cards from a deck that we shuffled to demonstrate math and geometry problems. he also put himself through Boys Town, and College working as a dealer. There are no odds better than the house odds, and a few thousand years of gambling has weaned out the games of pure chance.