Investing or gambling: where to go all-in
Napolitano, Michela (A.A. 2023/2024) Investing or gambling: where to go all-in. Tesi di Laurea in Gambling: probability and decision, Luiss Guido Carli, relatore Hlafo Alfie Mimun, pp. 96. [Bachelor's Degree Thesis]
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Abstract/Index
Gambling, speculating and investing. Definition of gambling. Hidden gambling tendencies. Speculation vs. gambling. Is investing basically gambling? The casino mentality. Martingales. Stochastic processes and filtrations. Martingales and Super/Sub martingales. Optional stopping theorem. Betting systems. Gambler’s ruin. House advantage. House advantage in a single wager. Sequence of wagers. Wagers with three possible outcomes: win, loss or push. Volatility of a wager. Expected loss per standard deviation. Is gambling a clever way to earn money? Why is investing better than gambling? Why do people gamble? The bottom line.
References
Bibliografia: pp. 83-84. Sitografia: pp. 85-86.
| Thesis Type: | Bachelor's Degree Thesis |
|---|---|
| Institution: | Luiss Guido Carli |
| Degree Program: | Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33) |
| Chair: | Gambling: probability and decision |
| Thesis Supervisor: | Mimun, Hlafo Alfie |
| Academic Year: | 2023/2024 |
| Session: | Summer |
| Deposited by: | Alessandro Perfetti |
| Date Deposited: | 12 Nov 2024 17:30 |
| Last Modified: | 12 Nov 2024 17:30 |
| URI: | https://tesi.luiss.it/id/eprint/40363 |
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