Cheap leverage is not what made elite universities elite, but it certainly helps them keep their lead
Cheap leverage is not what made elite universities elite, but it certainly helps them keep their lead
Back in the 70's I used to go to Jai Alai. It was obvious to me the games were fixed. I think everybody believed that. But that didn't stop us from going... We just did our best to predict who the powers that be had decided would win... then we took our money to the window and made our bets.