A.I.M. Users Bulletin Board

[Conrad]

Clive:
[From a simple mathematical basis, given an overall average of equal chance of a gain or loss,
[numbers]

the best choice is 50-50 Its a bell curve with 50-50 at the peak.[/í]

Please forgive me for being a bit dense. . . You start out with an arbitrary definition of a win/lose case. . like flipping a coin. . . and then conclude that 50/50 lies at the middle of the resulting bell curve. Is that not a bit obvious?

It appears to me a bit like asking. . .

"How high is a building, given it is 50 m high, likely to be?"

Now I do some calculation on my Slide Rule and I find . . .surprise. . .that the answer is 50 m!

That IS what you are doing. . . .right?

Investment +/- yields do not occur like coin-toss outcomes.. . it would baffle me if they did.