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What if you bought and sold at random? In that case, four options are equally likely: buy and sell at 50, buy and sell at 100, buy at 50 and sell at 100, buy at 100 and sell at 50. The overall annual expected gain is 12.5 per cent.
AAAAAAAAAAAAARRRRRRRRRRRRRGGGGGGGGGGGGGGGGHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!! She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
Of all the publications in all the worlds, I'd never thought FT would be the one I'd consider subscribing to.
(Always imagined "the New Yorker with more nudity" would be closer to what I'd want.)
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