Tag: The Red Queen

Remembering What the Red Queen Said: The Luck of the Draw

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 […]

How long can the market stay long-term flat?

Nicely ensconced atop the hubbub, sitting within the quite and privately-owned public space known as the Galleria Roof Garden, I once had a money manager say to me, we don’t have enough data.   What he meant by that is that one hundred some-odd years of data about what happens inside […]