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by pid-1
1050 days ago
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> It seems to be expressing something true - if you were to split your money into a thousand piles and "play" each individually, you make money overall. This is exactly the catch of the experiment. It's proposing you cannot split your money in independent experiments. You need to pick a history and stick with it. That's what ergodicity is about. Hence, no one owns the average (EV) money of all possible outcomes and it's a pointless metric, even though it doesn't say something that's mathematically false. |
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