3rd March 2015, 09:15 PM
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Member
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Join Date: Mar 2012
Posts: 1,237
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Quote:
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Originally Posted by The Ocho
I've just seen the movie 'The Imitation Game' where the Brits are trying to work out how to break the German U boat enigma code and I was wondering whether, somehow, it would be possible to predict a certain outcome so as we have the odds of it occurring turn in our favour?
What do you think, code-breakers?
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How about this. Forget about single events - outcomes - predictions- odds and whether something happens or doesn't happen. Put your money on these two near certainties instead:
1. that the game itself will continue as long as we are human and
2. the house always wins.
Walk across to the other side of the table, put your money on these truisms re-occurring over the course of your lifetime (and beyond) and rake in a return of at least 5-10% pa for your efforts.
Simple.
Cheers LG
PS good movie that
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The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB
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