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Old 11-19-2007, 12:19 PM
tomdemaine tomdemaine is offline
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Join Date: Feb 2005
Location: buying up the roads around your house
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Default Re: Weather Channel Founder says\"Global Warming is Biggest Scam in His

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Honestly pvn, I'm surprised you would resort to supporting that post.

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But you're not *creating wealth* that way. You're not going to make it on the Forbes 400 list. And while you might "make money" over the short term, such activities are -EV long term.

It's the same thing for ripping off customers. You might make some money short term, but it's -EV long term. Mark1808 said such actors do not "prosper" and "thrive". These are obviously long-term assessments.

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This "-EV", it does not mean what you think it means.

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Huh? This is a standard poker situation. Something can make money short term due to variance but be a losing proposition long term.
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