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Re: The Beef post# 32863

Sunday, 08/05/2018 11:09:48 AM

Sunday, August 05, 2018 11:09:48 AM

Post# of 118421

Easy I’m tossing a coin. Heads or Tails? You’ve got a 50/50 chance


Fine, flip a coin, if heads, you buy RGBP, if tails, you sell. Doesn't sound like a sound investment strategy...
Just kidding. The original argument was if one could determine future probability based on a shaky a priori assumption. Not a sound logical premise. To further clarify, we can assume with near 100% probability that the sun will come up tomorrow. We cannot assume that because Dr. Koos's past endeavors have not born commercial success that all future efforts are doomed. Too many variables are involved to establish a firm a priori assumption for this.
RGBP