RWT-009 Posted
Posted on February 9th, 2010
Written by Richard
Posted in: N/A (old archives)
This one was sparked by a comment one of the team members made the other day, about how coin flips can beat their intuition for where the market is going sometimes. Well, it turns out that in a variety of zero-sum games, randomizing your strategy is the only way to keep a stronger opponent from absolutely crushing you. If you consider the market as a strong opponent, does randomizing your strategy make sense? If it does, then Go Flip a Coin! (it’s also #9 on the articles page)
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© 2010 Richard Todd. I am not a financial advisor, and nothing on the site should be considered investment advice or actionable recommendations. I'm just an individual, saying what I think, and sharing my experiences.