Peter Bernstein

From: Mark Taranto
Affiliation:
Address: MarkTaranto@comcast.net
Date: 14 May 2007
Time: 09:04:52

Comments

If he thinks there would be no risk if there were only a finite number of outcomes, he's obviously never played poker or craps. I don't think I agree with him about the math. I've certainly met lots of people who think they understand what is going on simply by looking at equations, when they don't have a clue. But I think the math gives us more information than Bernstein lets on. Truth lies somewhere between these two methods. The search for the proportion is the key to understanding.

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