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The essence of the phenomenon of gambling is decision making. The act of making a decision consists of selecting one course of action, or strategy, from among the set of admissible strategies.
Richard Arnold Epstein
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While no rigorous proof of an optimal strategy has been achieved, Robbins has proposed the principal of "staying on a winner" and has shown it to be uniformly better than a strategy of random selection.
Richard Arnold Epstein
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Hatred strikes me as one of the few signs of life remaining in the world. This is another thing about the world which is upsidedown: all the friendly and likable people seem dead to me; only the haters seem alive. (2.9).
Walker Percy
Richard Arnold Epstein
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Born:
March 5, 1927
Died:
July 5, 2016
(aged 89)
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