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Investment Facts and Fancies

Published online by Cambridge University Press:  03 October 2014

J. B. Marshall
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Extract

1.1. All speculative activities seem to breed deeply-held but unsupported beliefs. Some of these, for example in horse-racing, might be expected to relate to natural laws and be susceptible to analysis, which they do not normally receive. Others, such as any so-called system for winning at roulette, can be dismissed without observation.

Type
Research Article
Information
Transactions of the Faculty of Actuaries , Volume 39 , 1984 , pp. 501 - 555
Copyright
Copyright © Institute and Faculty of Actuaries 1984

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