William Poundstone: Likeness

William Poundstone is American writer. Explore interesting quotes on likeness.

William Poundstone: 66 quotes0 likes

“Expectation is a statistical fiction, like having 2.5 children.”

William Poundstone

Part One, Entropy, Gamblers Ruin, p. 50
Fortune's Formula (2005)

“Are there any mythical beasts which aren't simple pastiches of nature? Centaurs, minotaurs, unicorns, griffons, chimeras, sphinxes, manticores, and the like don't speak well for the human imagination. None is as novel as a kangaroo or starfish.”

William Poundstone

Source: Labyrinths of Reason (1988), Chapter 1: "Paradox", p. 11

“Your second ducat, like your second million, is never quite as sweet.”

William Poundstone

Part Four, St. Petersburg Wager, Daniel Bernoulli, p. 186
Fortune's Formula (2005)

“"Average" isn't so hot at the race track given those steep track takes. "Average" is pretty decent for stocks, something like 6 percent above the inflation rate. For a buy-and -hold investor, commissions and taxes are small.”

William Poundstone

Part Three, Arbitrage, This Is Not the Time To Buy Stocks, p. 134
Fortune's Formula (2005)