Hi Rico, Barry and Qarel,
(and a "Hello" to all others, ... I was the one from the "Portfolio Control additions" email to Tom on the SI indepth-disc. thread)
Could you explain something on what you call Portfolio Control additions. It might be an interesting subject.
I would think that Lichello would be pleased to hear that after his passing-on to other pastures many people still sit up night after night talking about his system and even using it on a rather large scale. John Keynes had extensive impact on economic policies in the U.S. but how may people are daily playing the market or business world with a Keynesian System. My bet is Lichello is already tinkering with something else that will leave his mark.
As to AND, I am chocked to hear that so many people want to buy in at 1 cent...I thought I was one of the few that had a order standing out at 1 cent...now I discover I am simply one of the stampeding herd. I guess I might as well forget about being the new CEO of AND. I have to start thinking about shifting strategies. The Casino is out...it's at least 7 km away. Should I buy a Lottery ticket ? No, the odds are stacked against me too much... 100:1 that I lose my dough. The Roulette wheel at least gives me about a 48/100 chance of winning...funny thing though how some people think.... they say: "If I buy more lottery tickets I have a better chance of winning. But I can't change it that people want to fool themselves much of the time the time.
When I tell the happy lottery gambler that he believe in a fallacy he at first is all ear....Huh, what do you mean?
So I let him suppose he buys only one ticket for 1 Dollar. Your chance of winning a price is real and you might be rewarded for the gamble you took...You might even get the Big One. Right?".... (Most people don't enter into a fight with me on that. A 5-year old will understand it)....Now suppose you buy all the tickets in the lottery and then you win every price there is, but you are 100 % certain that you have lost a lot of money...most likely a 40 % loss. Would that make happy?.... Silence.... Then I see the writing on the wall...the guy gets angry as hell at me...
Shucks! Why do you have to spoil my fun? I was so happy thinking that buying a lot of tickets was better for us...Two tickets for the wife, one for each of my 6 kids, and one for the dog. Now you tell me I have been wasting my money! Thanks a lot for nothing. You’ve spoiled my day.
After the science of gambling has entered this Board with the expose of Barry on coin flipping I thought I might follow through with an investment method with which you can earn money even though the changes of winning in this game are exactly 50%. But I am not sure if any one want to hear about it. I think I will tell it to Qarel. After all, he asked me first to let him in on a good deal if I had one.
Ah, no, nobody will want to know about easy money.
Forget it.
Conrad
