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If this were a republican
Message
From
30/08/2016 15:34:46
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
 
 
To
30/08/2016 14:55:59
General information
Forum:
Politics
Category:
Events
Miscellaneous
Thread ID:
01639789
Message ID:
01640226
Views:
40
>>The odds of her results being "luck" have been calculated at 31 Trillion to one.

Right, but calling it "luck" is a straw man. E.g. consider that in the banking crisis, people who bet against/contributed to the fall of the US economy made billions. Nobody called that luck- so why attribute HRC's wins to luck rather than accurate market prediction by competent advisors? She never said it was just fabulous good luck, she attributed it to good advice and stopping when she was pregnant with Chelsea. The only "luck" reasonably attributed is that she stepped away at the perfect time, unlike her advisers who came a cropper when the market changed. IOW she followed the oldest gambling advice to quit while you're ahead. And she gave a perfectly plausible explanation for why she stopped when she did.

Also I'd note that one of her advisors was a regular finalist in one of those Las Vegas card playing events. You could argue that the fall of cards is just luck, but every year the same names make it through thousands of other players to appear in the finals. The chances of the same 5 or 6 always appearing together at the end also are astronomical, except that nobody says "you can't be that lucky" and attributes it to corruption.

Also FWIW, I had an acquaintance who enjoyed some big wins when the US currency took its fall and she'd been quoted forward prices in US$. So enamored was she by the easy money that she kept it up and eventually lost a fortune when the US$ refused to recover as she expected. Seems to me that there's no need for luck when the market is steadily rising and everybody can make money. When prices are restless, IMHO the only people who can make $ for sure have the fastest computers to nab tiny shifts in pricing to score micro-profits that build into something positive, and people with the uncanny ability to pick contrary trends. But whoever you are- there's nothing shady about the old advice to quit while you're ahead. Traders who can lock in profits for their clients live in Martha's Vineyard, fly private jets and charge huge fees to manage others' money for them.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us.
"
-- Shakespeare: Coriolanus, Act 1, scene 1
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