Far too simplistic Triage and a bad example to quote.There is no...

Far too simplistic Triage and a bad example to quote.

There is no comparison when buying lotto tickts to buying shares in a company.

Firstly, if you don't win a prize in the lottery, you have nothing left. However, if you buy shares in a company then you hve the option of selling them at any time and getting proft/all/some of your initial outlay back.

I don't think he has ignored the laws of probability. He has done his research and selected a company that he believes will deliver the goods. In your lotto example there is no research to be done - just choose numbers and hope for the best.

He hasn't had a lucky break - he selected a company after due diligence.

Sorry Triage, but not one of your better posts!