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It is referenced in Van K. Tharp "Trade Your Way to Financial Freedom". As
far as I remember, there were ten marbles in the bag, 6 of which are blue
(the winners), the rest black. Thus it was a game with positive expectancy
(60%) and all the probands had to do, was to determine their betsize. The
outcome was, that only a small percentage of the participants were
profitable over a given number of runs. you can simply modell this in an
excel-spreadsheet.
best regards
Ralph Malisch
-----Ursprüngliche Nachricht-----
Von: Larry Wright <lwright@xxxxxxxxxx>
An: Omega List <omega-list@xxxxxxxxxx>
Datum: Dienstag, 13. April 1999 05:00
Betreff: Ralph Vince marble game?
>I've heard about a game RV invented that simulates trading, with marbles
>and bets. Anyone know the details of the game, how it works, and how it is
>played?
>
>Thanks,
>
>Larry
>
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