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by Thrymr
4493 days ago
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The question is, how many potential Warren Buffets were there in the pool to start with? You can't ask the question "what are the chances that this particular outcome would happen?" with a sample of one, you have to use the population it is drawn from. Otherwise it would be like saying "That's amazing! The lottery numbers today were 56 23 45 12 27 91! What are the chances!" Exactly the same as any other combination (very, very low). The trick is picking them in advance. |
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