Over the last few weeks, I have been in a position where probability went against me.  Once was in a friendly neighborhood poker game and the other was in trading.  In both instances, the odds were defied and I lost money. In the poker game, we were playing Texas Hold ‘Em and I had a pocket pair of aces.  My buddy went all in (meaning he bet everything he had) before the flop (the first three community cards).  I immediately called of course, knowing that he…

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