A pencil with a pentagonal cross section has the maker's logo imprinted on one of its five faces. If the pencil is rolled on the table, what is the probability that it stops with the logo facing directly up?
Above is the diagram of a pencil with a pentagonal cross section. When you roll the pencil, it will always stop on it flat side with the corner point up. The makers logo will never be pointing DIRECTLY up.
Probability of the makers logo pointing directly up is therefore zero.
A pencil with a pentagonal cross section has the maker's logo imprinted on one of its five faces. If the pencil is rolled on the table, what is the probability that it stops with the logo facing directly up?
Above is the diagram of a pencil with a pentagonal cross section. When you roll the pencil, it will always stop on it flat side with the corner point up. The makers logo will never be pointing DIRECTLY up.
Probability of the makers logo pointing directly up is therefore zero.
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Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.