No. of Recommendations: 0

>>>If I have a coin that flipped
heads 8 out of 10 times, you bet I would bet on it
flipping more heads.<<<

Your next flip has a 50% chance of landing heads. But, if you meant to compare this to a certain stock-picking method that had beaten the market 8 out of 10 years, and had beaten the market avg. over that 10-year period, then I still wouldn't bet my life savings on it. But I would continue checking it out....

Print the post  


The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.