The Martingale strategy (doubling bets after losses) is being resold to retail traders as a novel discovery despite existing for 400 years, and advocates omit the requirement for infinite bankroll and infinite willingness, making it equivalent to 'pennies in front of a steamroller.'
factualpending
Speaker
Jim O'ShaughnessyEvidence Quote
“And I'm like, I'm reading this and I'm having this internal dialogue. I mean, you mean the thing that's been around for like 400 years where you just keep doubling the bet?”
Created: 8/12/2026, 5:59:18 PM
My Notes
Loading notes...