Comments on: A Novel Approach to Debt Management http://www.dailyreckoning.com.au/a-novel-approach-to-debt-management/2008/12/23/ An independent perspective on the Australian and global investment markets Sat, 13 Mar 2010 10:55:06 +0000 http://wordpress.org/?v=2.8 hourly 1 By: Jon Bain http://www.dailyreckoning.com.au/a-novel-approach-to-debt-management/2008/12/23/comment-page-1/#comment-59352 Jon Bain Sat, 27 Dec 2008 14:59:37 +0000 http://www.dailyreckoning.com.au/?p=4676#comment-59352 If you play roullete, and start with $10, betting only $1 at a time on either red or black, then the odds of you making $100 are about 1/10th of 1 %. See this little program I made which proves this : http://www.software-multimedia.com/online%20gambling/Gambling%20Software.htm Similarly if the only solution to financial problems is to fiddle the numbers and avoid the basic notions of supply and demand, it seems one would be better off playing roullete, $1 at a time. If you play roullete, and start with $10, betting only $1 at a time on either red or black, then the odds of you making $100 are about 1/10th of 1 %.

See this little program I made which proves this :
http://www.software-multimedia.com/online%20gambling/Gambling%20Software.htm

Similarly if the only solution to financial problems is to fiddle the numbers and avoid the basic notions of supply and demand, it seems one would be better off playing roullete, $1 at a time.

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