2015-05-22 6:22 GMT-07:00
Monday, July 13, 2015
Risk of Ruin
Risk of ruin is a concept in gambling, insurance, and finance relating to the likelihood of losing all one's capital or impacting one's bankroll to the point that it cannot be recovered. For instance, if someone bets all their money on a simple coin toss, the risk of ruin is 50%.
Tuesday, July 7, 2015
Wednesday, July 1, 2015
Subscribe to:
Posts (Atom)