September 23, 2010

Raffles: An Even Odds Gambling Fallacy

I don't like raffles.

I don't like pools where you don't pick your team. I don't like the lottery.

But I like "gambling" as investment. As long as my winning is dependent on my intellectual superiority, I'm in. Otherwise, where's the fun?

Turning a New Leaf to Lead a Better Life

Note: This post has been contributed. Image Source We’re in the first month of the year, so it’s not all too surpris...