Re: Genius (1M) vs Dirksen (100k) flipping
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ev has nothing to do with risk of ruin
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Greg, pretty sure you know this and just mis-spoke but this quote is very wrong and commonly misunderstood to be correct so thought I would nittily point it out.
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You are wrong. It is possible to make 0EV bets and never go busto. It is possible to only make -EV bets and never go busto, [and be Robusto through luck as well].
It is possible to make ONLY +EV bets and go Busto!
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And that proves that EV has nothing to do with risk of ruin how?
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