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Re: R: Coin Tossing



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In a message dated 99-07-08 02:26:34 EDT, gramario@xxxxxx writes:

<< I am well aware of syllogistic theory. However, I challenge you to prove
 that the premise is false!  Prove it! I repeat. Charlie makes money and
 takes his positions by basing them on the tossing of a coin. Try to prove
 otherwise!
 Gram. >>
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I won't persue this too far, but if something is absolutely 50/50, and I hope 
that most would agree over the long run coin flipping is, and you have pay a 
commission every time you bet a toss, over the long run you can not make 
money betting coin flips. If you disagree we will agree to disagree on this 
one.