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Jeff Ma – Making Decisions with Data - [Invest Like the Best, EP.151]
Invest Like the Best with Patrick O'Shaughnessy
What's the Story Behind the Blackjack Strategy?
The concept of card counting is not new. Achack is the only game in the casino that's subject to conditional probability, meaning what you see impacts what you're going to see. And therefore it's like this perfect thing for data driven thinking, or data driven strategies. We had a group that played, and we were quite successful. But when it was all over, i approached ben mezric ad think, two thousand one. I don't even know if big data is a term at this time. It was just a really interesting moment on time where we told this analytic story.
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