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by 29athrowaway 2025 days ago
Many blog posts pontificating some advice read like:

"How to double your money gambling everything on a coin toss"

Sure, you can win a coin toss, but unless you can reproduce that experiment consistently it's not a viable advice.

And that pretty much to everything... if a process is not better than random chance then it's worthless.

1 comments

> if a process is not better than random chance then it's worthless

Nice distillation of what many might dismiss as common sense.