Burkina Faso people are lucky to have Ibrahim Traore. See a visionary leader speaking and see how it is hitting hard on the people. A leader with ideology. He is just like Thomas Sankara. Burkina Faso was destined to succeed. Ibrahim Traore is a good leader.
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.
🚨All of America Needs to Watch This 🛎️⚡️‼️
🚨I deeply believe we're close to nuclear war because we have a mindset that leads us in that direction.
🚨I don't see any reason in the world that NATO has to be on Russia's border with Ukraine.
https://t.co/iyliJVJMhF
Jeffrey Sachs: You don't get a second chance. So this, to me, is the most definitive fact of our lives, which is we are now in a war, direct war, direct war, not proxy war, direct war with Russia, which has 6,000 nuclear warheads.
Bill Burns, the CIA director, say last week an absurdity that he knows, but CIA directors never tell the truth.
If they do, they lose their job.