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by zemvpferreira 29 days ago
Given that the lottery has a typical expected value of -$1.00 per ticket you really should revise your opinion of how lucky/smart these people who repeatedly make tens of billions by pouring all their money into tickets are.
2 comments

David Walsh and Zeljko Ranogajec would beg to differ:

https://www.championbets.com.au/betting-academy-article/tass...

Interesting that you would use as an example two people who ingeniously built complex systems, through lots of hard and clever work, to turn the odds in their favour.
Softbank's past performance seems pretty random, so I'll stick to my opinion.