Part One, Entropy, Toy Room, p. 46
Fortune's Formula (2005)
“The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.”
Source: 2000s, The Age of Turbulence (2008), Chapter Twenty-Five, "The Delphic Future", p. 465.
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Alan Greenspan 51
13th Chairman of the Federal Reserve in the United States 1926Related quotes
Source: An Introduction To Probability Theory And Its Applications (Third Edition), Chapter I, The Sample Space, p. 7

“Ten thousand saw I at a glance,
Tossing their heads in sprightly dance.”
Stanza 2.
I Wandered Lonely as a Cloud http://www.bartleby.com/145/ww260.html (1804)
Source: An Introduction To Probability Theory And Its Applications (Third Edition), Chapter VI, The Binomial And The Poisson Distributions, p. 152-153.

“Good and evil are one. Just like a coin, the head and the tail.”
Note on the Use of this Book, p. xi-xii.
An Introduction To Probability Theory And Its Applications (Third Edition)