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  #1 (permalink)   Spam Kill
Old 02-15-2005, 01:08 AM
cabin.coach cabin.coach is offline
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A Mathematician Plays the Stock Market

Here is a book to read for the fun of it:

A Mathematician Plays the Stock Market, by Paul Allen Paulos

I enjoyed this authors WorldCom personal stock story as well as his corollaries on stock market theories - interesting read...
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Old 02-21-2005, 02:54 AM
NedJimbostocktrade NedJimbostocktrade is offline
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YOu need good math skills to do well in the market. You need to be able to analyze and find patterns. Ned's Advice.
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Old 02-22-2005, 08:02 PM
cabin.coach cabin.coach is offline
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From what I read understanding the fundemental and technical analysis is still important.

An understanding of the intangible assests however will be more important to the next wave of investing according to destructive creation theories such as Shumptner's.

Sure would be nice to have nobel prize math under ones belt and a super computer in hand.
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Old 02-22-2005, 08:30 PM
NedJimbostocktrade NedJimbostocktrade is offline
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there is no nobel prize for math strangely enough
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Old 02-22-2005, 09:10 PM
cabin.coach cabin.coach is offline
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my apologies to Joseph his last name is correctly spelled Schumpeter(my phonetic bad)

I am reminded of some quote that said statistics never lie but a statician is no more than a magician

A view known as "the Singularity" pitched by Vernor Vinge and Raymond Kurzweil predict that the event is imminent. Scarey part is that it is said by many scientists that the pace of technology will eventually grow beyond the capability of the human mind to comprehend it.

To this end, I think that a person deservers a nobel prize for playing the stock market because the more I learn the less I seem to know - lol.
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Old 02-22-2005, 11:37 PM
ahmadckf ahmadckf is offline
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well

i used to have a math professor that goes to casino went ever he cans.

he always wins. even though he took alot of money from the casino the casino loves him

?????

video poker is the most easy game to win.

all you need is time . a big bank roll.

and keep buying with 5 coins.

and hopefully after a few thousand playin a roll you will get a straight flush with five coin.

then you win a lot.

bye

also math is invented for gambling.

at least for statistics.



ps have you read the book by seven MIT students that count cards and win the house everytime.

those geeks are richer that you and meee.
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Old 02-23-2005, 12:05 AM
cabin.coach cabin.coach is offline
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I have not read the book by 7 MIT students that count cards.

I have seen two interesting movies possibly made with them in mind.

Last Casino and Bookies were two fun colleage whiz kid movies to watch that employ betting schemes.
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Old 02-23-2005, 12:18 AM
ahmadckf ahmadckf is offline
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well

it is very ironic i think of myself.

i hate math. i hate numbers.

and yet now i am living off the money i made in the stock market.

i quit my job a long time ago.

hahahah tell that to the math teacher.

so i think it is really not how smart you are. it is how good can you adapt.

survival of the fittess.

good luck
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Old 02-23-2005, 04:57 PM
Moneymaker123 Moneymaker123 is offline
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funny you are talking about that book....i finished reading it about 2 weeks ago. Pretty cool stuff....made me want to hit vegas.
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Old 02-24-2005, 03:02 AM
NedJimbostocktrade NedJimbostocktrade is offline
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Quote:
Originally Posted by cabin.coach
I have not read the book by 7 MIT students that count cards.

I have seen two interesting movies possibly made with them in mind.

Last Casino and Bookies were two fun colleage whiz kid movies to watch that employ betting schemes.
I read that card counting doesn't work as it is often hyped...the payouts are only 1% or so per hand. And casinos don't like it.
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