If people new to entering breaks on WhatNot and Fanatics did this they’d benefit.
A 2 dollar lottery ticket with a 1 in 300 million chance of a 500 million dollar payout has an expected value of negative 33 cents. A 30 thousand dollar car insured against theft in a neighborhood where 1 in 200 cars is stolen a year is worth positive 150 dollars in expected value.
The math to compute either one takes 4 seconds. Almost no one runs it.
Andrew Lo has been teaching Session 1 of MIT 15.401 since 2003. The Fall 2008 recording sits free on MIT OpenCourseWare. Every decision his students will ever make, from a stock trade to a job offer to which route to drive home, reduces to the same 4-second calculation. Expected value equals probability times payoff.
Institutional desks run it before every trade. Retail investors run it before none. The gap between them has a name and it is not luck.
The math is free. The willingness to run it before you sign is the entire fortune.
Yankees should start the game with an opener and let Schlittler come in in the second or third inning to avoid whatever rain/rain delay impact there will be. @YankeesPR @Yankees
I’ve been talking about how the trade war has impacted the hobby. Foreign demand is a fraction of what it was before the tariffs started. It is only getting worse.
Hagen Smith True Blue PSA 10 and True Gold PSA 9 auctions. Ending Tuesday at 6:17 PM EST on eBay ebay.io/m/zj802A
3Ks in 1st MLB IP. 2 hitless innings and a W. As we saw with Chase Burns last year, if he can get his command under control watch out. #whitesox #bowmanchrome
Tyson Lewis Pre- Injury vs. Post June 17th activation. He’s working with Joey Votto now which can’t hurt either. Raw athleticism is unquestioned. Now healthy and working with Votto? Watch out. #reds #mlb #cincinnatireds #bowman
Especially love that the card captures the Big Unit reminiscent stare-down. #chicago #chicagowhitesox
Hagen Smith True Blue PSA 10 and True Gold PSA 9 auctions. Ending Tuesday at 6:17 PM EST on eBay. ebay.io/m/zj802A
3Ks in 1st MLB Inning. 2 hitless innings pitched and earned the win. As we saw with Chase Burns last year, if he can get his command under control watch out.
Hagen Smith True Blue PSA 10 and True Gold PSA 9 Auctions up on eBay. Ending Tuesday at 6:17 PM EST. ebay.io/m/zj802A
Hagen Smith spins a hitless MLB debut!
The No. 5 overall pick in the 2024 Draft strikes out three in two frames for the @whitesox.
Sean Burke 👀 on eBay. Auctions end this Thursday 6:23 and 6:35 EST. Orange is a Pop 1 PSA 10. ebay.io/m/zj802A #whitesox #seanburke #bowman #chicago
I think the fact that all of this is true should resonate with every who is disgusted by our current political landscape, regardless of what you think of AOC herself.
DiscerningDaddioCards retweeted
In 2008, Malcolm Gladwell explained why some people succeed and some don't in a single 1-hour talk.
This will permanently change the way you think about talent, effort, and success.
Bookmark & watch today, no matter what.
DiscerningDaddioCards retweeted
130 paper cutouts of OG Anunoby’s tip-in for the New York Knicks (aka the greatest play in NBA Finals history )
