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Old 11-01-2007, 09:11 PM
TNixon TNixon is offline
Senior Member
 
Join Date: Apr 2007
Posts: 616
Default Re: Swings in NLCASH

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Pzhon has told you that your argument is a mess .

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Yes...and? Maybe *you* should reread that thread, including recent comments.

I already said I agreed with him in the end. Everything I tried to do on my own was absolutely a complete mess. Once again, I'm not the one here who's afraid to appear anything less than perfect.

But at least I *tried* to get *something*. All you've done is say "there's no easy solution", and tried to imply an upper bound on the solution (the RoR calculation) which is PROVABLY false, as in it is very easy to prove (which I have done 2 or 3 times now in this thread) that the chance of a downswing of size X can be greater than the RoR for that many buyins.

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I already informed you that there is no simple formula to give you an exact answer to these problems . Jason's solution is only said to be valid for large b , but how large does it have to be ? What is the margin of error ?

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If it's only valid for large values of b, but he thought it was valid for 360BB, then it should certainly be be valid for 20 buyins (2KBB).

And an approximation is better than nothing (which is exactly what you have contributed to this thread, ABSOLUTELY NOTHING).

Especially since it's not exactly a precise question to begin with. It's a sanity question (can it possibly be this bad?). Exactness is not required.

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I don't believe you even understand anything that was written .

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I understand exactly as much as I need to understand to be a monkey. Do I understand how the formula was derived? Absolutely not. If I could have derived it myself, I would have. But do I believe you have a deeper understanding of it than I do? ABSOFREAKINGLUTELY NOT. You've already proved yourself to be a monkey.

And since you have already argued that jason's formula doesn't actually give us what we're looking for (when the end result is clearly EXACTLY what we're looking for, whether the formula itself is valid or not), I'm still not convinced you know what the question is. You probably still want to tie it to RoR calculations. If you can't understand what a very simple question is asking, after multiple explicit recitations of the question, then honestly, what hope do you have of understanding anything about that formula other than how to plug the numbers in?

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I'm not at liberty to comment . These are not my formulas so you should be asking Jason , even though my name is Jason too lol .

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So you feel completely at liberty to call me an idiot for attempting to *use* the formula, but not to say why?

I think the appropriate term for that is cowardice.

And as far as asking him directly, he obviously believes it is at least somewhat valid, since he gave me the link to it himself.
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