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I strongly think that OP is trolling ITT, but if someone seriously thinks this is an argument for gambling, I recommend checking out some introductory stochastics concepts, starting with expectation values
Trolling? In a shitposting forum?
I would never.
;)
Theoretically you can lose more than 100%. If you first win 2000% and then lose everything, you’ve technically lost 2100% of your starting capital.
Yes but you still only lost 100% of what you wagered.
Except when you short stock, there could be infinite losses. Or perhaps with a contract for difference too
That’s gambling with other people’s money.
Smart people never gamble with their own
I’ll take “Famous Last Words” for $200, Alex.
Smart people never gamble
with their own
