Better Call SLLN: Black Matter Lives

“The future ain’t what it used to be.” –Yogi Berra   Almost surely (“a.s.”), you have heard of, or even watched, the tv-series Breaking Bad (BB). Almost as surely (“in probability”), you know many matters do not always go the way you expect. Laws matter in BB, as they do in quantitative trading, too: with […]

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Distributed Slot Machines: Control of Ware in the Hands of a Few

Introduction. Welcome to Part IV of my (that is, 7/.V) “In the Hands of a Few”(ITHOAF) article series. Here I show how we get “fooled by randomness” – with a slight abuse of Nassim N. Taleb’s terminology. If you search the Internet for “4,448,419” you will find the U.S. patent “Electronic Gaming Device Utilizing a Random Number Generator for Selecting the […]

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