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Author: joegrant413 Two stars, 250 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76406  
Subject: Re: The Anti-Motley Fool viewpoint Date: 2/17/1998 10:22 AM
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Just to chime in here. If I have a coin that flipped
heads 8 out of 10 times, you bet I would bet on it
flipping more heads. Sure, philosophers such as Hume
would tell you that experience never absolutely
teaches anything, and good science recognizes the
truth may lie deeper than simple correlation, but in
my real life with my real money, the DOGS approach
makes sense.

Statistics does offer a good way to understand your
chances. A good statistician recognizes when you do have simply correlation, and not causality. So, I'm open to see the statistical argument against this from someone who has examined the data. Otherwise, I am comfortable enough to follow this record of success.

Thanks,
Joe Grant
St. Louis
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