In related news: 1. Luck vs. Skill in Texas Hold ‘Em. Earlier this week, in U.S. vs. DiCristina, a federal judge in New York ruled that “skill, when sufficiently honed, makes the difference between winning and losing in poker.” http://is.gd/jwEiOL at p. 118. The judge, apparently persuaded by all sorts of graphs […]
Not long ago (15 years, say) you could buy a decent house in San Francisco for $40k down and $2.5k a month. For many, that was doable, especially since it cost $2.5k to rent that same house. And, as icing on the cake, you got the appreciation ride — an […]