Wednesday, May 12, 2010

Hillary and Goldman Sachs

A few years ago, Hillary Clinton had a perfect track-record in commodities gambles.

Goldman Sachs is just as good! Or maybe even better than HRC!

In the first quarter there were 12 full weeks and four days, for a total of 64 week days. A couple of those days, however, were holidays during which the market was closed (Good Friday, New Year's Day, etc.) so we will call it 60 trading days. This is a reasonable estimation for any given quarter.

So what are the odds that in a pure game of chance the coin would come up "heads" all 60 times?

That would be 8.67 x 10-19, or 8.67 times in 10,000,000,000,000,000,000 attempts (if I counted my zeros correctly.)

A trillion is 1,000,000,000,000, or 1012; this is about 1,000,000 times less likely than one in a trillion.

HT: Ticker

No comments: