“I engage in a gambling strategy that has 999 chances in 1,000 of making $ 1 (event A) and 1 chance in 1,000 of losing $ 10,000 (event B), as in Table 6.1. My expectation is a loss of close… — Nassim Nicholas Taleb Copy Share Image
Guessing has never been widely acclaimed as a good gambling strategy. — Jan Garavaglia Copy Share Image
