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Old 10-09-2021, 06:14 PM   #17
46zilzal
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Join Date: Aug 2004
Posts: 26,295
Dave, I have the utmost respect for your unique and innovative ability to test and project from historical outcomes in your software: They have changed the fortunes of this bettor many times over. So, it is surprising that you could project on such a small sample size.

Did I miss something here? If so please explain it to me

9 blindmen and the elephant is another way of explaining the narrative fallacy.
This parable has been used to illustrate a range of truths and fallacies; BROADLY it implies that one's subjective experience can be true, but that such experience is inherently limited by it failure to account for other truths or a totality of truth. This parable provides insight into the relativism opaqueness or inexpressible nature to truth, the behavior of experts in fields of contradicting theories, the need for deeper understanding, and respect for different perspective on the same object of observation.

Jacob Bernoulli was the first to observe that a MULTITUDE of observations are necessary to draw any long term conclusions on just about anything.
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