Thread: Berts stats
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  #8  
Old 13th July 2002, 12:33 PM
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Here's a challenge for Becareful or anyone who likes working with spreadsheets:

What are the odds of going bust based on the following assumptions?

1. $10 profit target, assuming every dividend is $5.

2. $20 profit target, assuming every dividend is $5

3. $50 profit target, assuming every dividend is $5.

I would think the chance of going bust if aiming for $20 or more would be quiet high. Even going for $10 (enough to cover Bert's charges) would be high enough.
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