Double or quits?

[DimPrawn]

GestaltU - The Research Portal for Darwin Investment Strategies: Volatility Harvesting and the Importance Of Rebalancing

[DimPrawn]

I'm actually quite comforted by the reaction here that volatility harvesting, portfolio rebalancing, Shannon's Demon and the work of Kelly (Kelly criterion - Wikipedia, the free encyclopedia) are somehow "hocus pocus" and are not used by hedge funds and big finance house to reduce risk and increase rewards.

It means the retail investor is still years behind the successful market money makers.

[sasguru]

I'm actually quite comforted by the reaction here that volatility harvesting, portfolio rebalancing, Shannon's Demon and the work of Kelly (Kelly criterion - Wikipedia, the free encyclopedia) are somehow "hocus pocus" and are not used by hedge funds and big finance house to reduce risk and increase rewards.

It means the retail investor is still years behind the successful market money makers.

Good. Come back and tell us when you're rich, rather than spouting crap about stuff you barely understand.

HTH, BIKIW.

[DimPrawn]

CUK is a valuable market research tool.

If AtW says it is "dirty spekulation" and sasguru says you don't understand it, you are on to a winner.

[sasguru]

CUK is a valuable market research tool.

If AtW says it is "dirty spekulation" and sasguru says you don't understand it, you are on to a winner.

Good. Like I said, you're still poor.

[Paddy]

It's not mathematics.

It's a load of bollox for gamblers who are too unlucky to win and too stupid to stop, so they keep looking for some sure win strategies.

Might as well go to casino and put X on red or black, in case of loss just TRIPPLE your stake and soon you'll make guaranteed profit.

Obviously your experience of casinos are based on movies.
No serious gambler would bet on red/black because the odds are against you due to the zero factor.

It is more prudent to bet on Voisins du zéro or Le tiers du cylindre because of wheel bias and the zero factor alternatively; betting on two dozerns at a time is near risk free if limited to a couple of spins with large bets.

[doodab]

Obviously your experience of casinos are based on movies.
No serious gambler would bet on red/black because the odds are against you due to the zero factor.

It is more prudent to bet on Voisins du zéro or Le tiers du cylindre because of wheel bias and the zero factor alternatively; betting on two dozerns at a time is near risk free if limited to a couple of spins with large bets.

Mathematically speaking, this is complete and utter bollocks. The house has the same edge against you on any bet whether it has a fancy French name or not.

Red black or even odd can actually be more prudent in some places where the house lets you keep half your bet when zero comes in.

[sasguru]

Mathematically speaking, this is complete and utter bollocks. .

Feck me, I've got work to do. Stop it

[shaunbhoy]

Feck me, I've got housework to do. Stop it

ftfy

[DimPrawn]

ftfy

I wondered what sasguru meant when he said he'd been dusting off the old GCSE maths books.