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Loose Change

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Old 02-18-2008, 11:12 PM   #11
Schneed10
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Join Date: Feb 2005
Location: Newtown Square, PA
Age: 46
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Re: Loose Change

Quote:
Originally Posted by GTripp0012 View Post
I also don't think anyone should be taking pride in being right on this issue.

Look, it takes guts to step outside of the box and try to develop a successful system where none has been developed before. I'm not going to bash Jsarno for trying to do to Roulette what I've been trying to do with football player eval for the last two years.

It, however, takes even more guts to admit that no matter how much thought you put into a system, that all the effort was for naught. People tend to develop psychological biases towards what they are doing, and it becomes temporarily impossible to think clearly and logically towards the situation.

You and I both know that he will come around eventually, and realize that he can't beat the odds in a large sample. You stated your position, backed it up with the cold facts, and then added your signature, and often unnecessary "charm" to your posts.

You are right, and he is wrong, but it's not his fault that this evolved into a pissing match.
But see, it's not about a pissing match and simply trying to win an argument. I've got better things to do. I'm honestly turned off by the fact that he's writing a book about it. To me, it's no better than the scam artists from Nigeria who write countless spam email messages to 75 year old women telling them that they've been granted a royal inheritance.

I'll add some of the Schneed charm here and there throughout the site, but I'm sure you'll recognize that this level of charm was very different. I see jsarno as a scam artist looking to write, publish, and sell a book based on a mathematical fallacy. When it comes down to it, it's morally wrong.

Being right or wrong isn't even priority one here for me. Doing right or wrong is. And if this thread helped to educate even one person on The Gambler's Fallacy, then good.
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