Jan
26th

Game of Probability – Roulette Wheel

Posted by admin

I have recently become interested in all sorts of gambling and betting system, especially the opening of Marina Bay Sands and Resort World Sentosa in Singapore.

Understanding that in all games, the House always have some kind of edge (except people to people games), plus the research of Ed Thorp’s card counting and roulette system, I thought I could beat the system.

Yes, I have found a way to simulate how to beat it right here:

http://www.casinator.com/casino-games/play-free-roulette-online.php

Well, I said I found a way to simulate the research in an more effective automated way, on the roulette wheel. And I meant NO! I haven’t found any ways to beat the dealer, based on probability and statistical results.

But if you are interested, set your bets on the roulette table, click auto spin, and let the computer do the spinning, betting and dealing. In no time you realize that there’s no way to beat the dealer, be it the American or Europe 00’s or 0’s system. In the long run, you will soon find yourself out of money =)

Jan
20th

Creating your own hedge Fund ?

Posted by admin

Many of us retail investors do not know much of the entire financial industry itself. I would like to remind retailers that yes we do feel great to pick and buy our stocks that we’ve looked at so long, love the way the numbers jump and talking to someone your end of month performance.

I would love to cover this in another article about what retail investors should look out for instead, but if you are savvy enough, my guess is eventually you’ll reach this stage.

This video is called “Hedge Fund Strategies Without the Hedge Fund”, and its right here:

http://www.finweb.com/videos/index.html?297729317

Well in summary, replicating hedge funds is all possible now, compared to last time. BUT, replicating hedge fund returns would be difficult. ie. Shredding 24% total of $ 600 Million, or revving up 40% on some bets raking in $2.1 Billions on some bets. That would be difficult if its based on our small $100,000 seed capital.

Finally, it all depends on knowledge, research, skills, and instruments/tools/products we have access to, such as long / short equities, bonds, swaps, options, futures, global macro investing, short bets, hedging and arbitrage.

Well cover more of stuff for retail investors. Happy Trading!