Replies to post #513 on Fannie Mae Preferred S (FNMAS)

[taintedfud]

Statistically, 50/50 is complete uncertainty. Not a strong probability...

That would be north of 70/30. 50/50 is complete gamble.

statistically, 50/50 means half the time it happens, half the time it does not. so if i get a deal where risk/reward is 3/97(about 30 to 1 against odds) and probibility of occurance is 1 in 2(50/50,) i think that a good deal.

i put up my 3 million bucks 100 times to win 100 million bucks. win 50 times loose 50. times. i loose the 3 mil 50 times, and win the 100 mil 50 times. i think that to be a very good deal.

50/50 is a great deal with 30 to 1 against odds.