This is how ethnic cleansing begins: a politician threatens whole communities and prepares the ground for violence. In this case the politician calls on the violent displacement of members of his community because they have a different political view. @NCIC_Kenya
In 1986 a guy got kicked out of every casino in Vegas for counting cards. So he flew to Hong Kong with $180,000 and started betting on horses instead. He walked away with almost $900 million.
It's Bill Benter. He figured horse racing was just another counting problem. Same math, more moving parts.
He and a partner showed up with $180k and a computer. Benter spent years teaching that computer to guess one thing, the real chance each horse had to win. If his number was better than the odds the bookies gave, he bet. If not, he skipped it.
That's the whole trick. Expected value.
EV = p · b − (1 − p)
Only bet when your win chance p, at odds b, is worth more than your chance of losing.
This recording was never meant to be some hidden gem. Nobody expected Professor Tsitsiklis to hand the whole foundation away in 45 minutes, but that's exactly what happens on the board. Students in that room pay over $80,000 a year to sit through it. It's free right here. It's free right here.
Every quant, every professional bettor, every hedge fund analyst started with this exact hour. Benter just watched it and actually did the homework.
Almost nobody knows this lecture even exists. Watch it before it gets taken down.
The answer is in this video.
Kenyans are now being told taxes pushed the cost of Talanta Sports City from Sh35 billion to Sh45.8 billion.
That is a Sh10.8 billion increase, almost the entire cost of redeveloping Uganda’s Mandela National Stadium.
Kwani what’s happening siku hizi? What’s the problem? Are the drinks counterfeit? Are people being spiked? Are people just suffering adverse reactions to whatever they are using? This is like the 3rd content creator I have read of dying after a night out…
Kwani rada? 😳😳