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A comment on Ex-lottery worker who rigged winnings gets 25 years in prison. Parent comment

Re:Ex-lottery worker who rigged winnings gets 25 years in pr... by ZephyrP on Wednesday August 23, 2017 @11:42PM (#15087430)
The general principle here is right, but I was kind of curious about exactly what your gains would be.

I curled the last 90 days from http://online.wsj.com/mdc/public/page/2_3021-gainnyse-gainer... and if you selected the largest percentage gainer every day for the past 100 days, given you started with $10, you'd have about 828 million after 90 days. (It's worth noting however with 2,800 stocks on the NYSE, that 2800^100 is much longer odds than winning the lottery. Actually, your odds of selected the very highest percentage stock gainer three days in a row are lower than your odds of winning the powerball, assuming such a thing is random).

Unrelated, this has really been a winning quarter for logistics and trucking companies!

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Re:Ex-lottery worker who rigged winnings gets 25 years in pr... by kamaal on Thursday August 24, 2017 @12:44AM (#15087648)
>>if you selected the largest percentage gainer every day for the past 100 days, given you started with $10, you'd have about 828 million after 90 days.

This is lottery by very definition.

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Re:Ex-lottery worker who rigged winnings gets 25 years in pr... by thaumasiotes on Thursday August 24, 2017 @04:03PM (#15093564)
> if you selected the largest percentage gainer every day for the past 100 days

This is exactly the opposite of the concept of an index fund.

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