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If every stock has a 50% chance of increasing or decreasing at any given point in time, and you trade randomly, do you expect to
If every stock has a 50% chance of increasing or decreasing at any given point in time, and you trade randomly, do you expect to break even?
Note:
Expect here specifically means the expected value of your wealth distribution. For example, if you flip a fair coin and earn $1 if it is heads, and lose $1 if it is tails, then you expect to earn $0.
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