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It's Maths - Page 2 Empty The Life of Srinivasa Ramanujan - Part I & II

on Mon May 30, 2016 11:11 am



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It's Maths - Page 2 Empty Re: It's Maths

on Tue May 31, 2016 10:07 am
Message reputation : 100% (1 vote)
Some invest in Shares like gambling.
Just hearing a hot news and believing its true, they just dump their money...Its almost like gambling...

https://forum.lankaninvestor.com/t7982-anilana-takeover-official-news?highlight=anilana

It's Maths - Page 2 Images?q=tbn:ANd9GcROGAugTTpHglRyWg2vXqjngML8qyiSp8f9HPrdp9y8dZCYhd4FSw


Gambling was the real reason for Mathematicians to develop theories on probability.

Economists had varying views on gambling and gambling was a favorite pastie since old days..

***********************************
Adam Smith who wrote Wealth of Nations was worried about gambling...

Although Smith was keenly aware that the human propensity to take risk propelled economic progress, he feared that society would suffer when the propensity ran amuck.

So he was careful to balance moral sentiments against the benefits of free market.

***********************************

A hundred and sixty years later, another great English economist, John Maynard Keynes agreed; " When the capital development of a country become the by-product of the activities of a casino, the job is likely to be ill-done."

Yet the world would be a dull place if people lacked conceit and confidence in their own good fortune.

Keynes had to admit that " If human nature felt no temptation to take a chance... there might not be much investments merely as a result of cold calculations.."...

It's Maths - Page 2 John-maynard-keynes-economist-quote-successful-investing-is
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It's Maths - Page 2 Empty Re: It's Maths

on Tue May 31, 2016 10:58 am
Message reputation : 100% (1 vote)
Gambling is so interesting and addictive that those who got addicted don't like to leave the gambling table. Thus one such addict Earl of Sandwich invented a snack that will make it possible to eat without leaving the gambling table. Today that snack is popular as Sandwich..

It's Maths - Page 2 Slide_10
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It's Maths - Page 2 Empty Searching for Grigori Perelman, Russia’s reclusive maths genius

on Fri Jun 24, 2016 9:31 am
Six years ago, Grigori Perelman shocked the world of mathematics: first by solving an unsolvable problem, and then by running from the fame and fortune that went with it.
Where did he go?


Read more

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