24 Apr 2024, 05:54 [ UTC - 5; DST ]
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Username Protected
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Post subject: Re: The Loto fleet thread... Posted: 23 Oct 2018, 13:49 |
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Joined: 08/30/13 Posts: 409 Post Likes: +71 Company: Cruce Aircraft Services Location: KPGD
Aircraft: Learjet 55, C-310
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757/767, whichever I can get at a bargain.
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Username Protected
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Post subject: Re: The Loto fleet thread... Posted: 23 Oct 2018, 16:50 |
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Joined: 12/22/07 Posts: 12893 Post Likes: +13321 Company: Midwest Chemtrails, LLC Location: KPTK (SE Michigan)
Aircraft: C205
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Username Protected wrote: I’m going to buy Falcon Jet. No, not a plane, the company You're gonna need a big boy loan. The market cap of Dassault is ~$34B Me? I'm sticking with my earlier choice: Long body MU-2 with: Cargo door Exec interior -10 engines Garmin stack PSE audio panel I'll also make a YUGE donation to EAA so that they include the MU-2 as a LSA.
_________________ Life is a DiY project.
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Post subject: Re: The Loto fleet thread... Posted: 23 Oct 2018, 16:55 |
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Joined: 05/11/10 Posts: 9326 Post Likes: +12070 Company: ? Most always. I like people. Location: KFIN Flagler, FL
Aircraft: 1991 Bonanza A36
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Username Protected wrote: I feel stupid that I don't even know how to buy lottery tickets... That's actually a mark of genius.
_________________ Bible In Poems BibleInPoems.com BNice
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Post subject: Re: The Loto fleet thread... Posted: 23 Oct 2018, 17:08 |
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Joined: 01/31/12 Posts: 3094 Post Likes: +5448 Company: French major Location: France
Aircraft: Ejet
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Username Protected wrote: I’m going to buy Falcon Jet. No, not a plane, the company You're gonna need a big boy loan. The market cap of Dassault is ~$34B
Notwithstanding the fact that Dassault builds a few military jetfighters, and my government would never allow its sale.
Buy Concorde and make it fly again?
_________________ Singham!
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Post subject: Re: The Loto fleet thread... Posted: 23 Oct 2018, 17:15 |
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Joined: 12/03/17 Posts: 8174 Post Likes: +8721 Location: Brevard, NC
Aircraft: Lancair LNC2 - SOLD
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Username Protected wrote: That's actually a mark of genius. He's definitely good at math. The odds of winning are 1 in 302.5 million.
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Post subject: Re: The Loto fleet thread... Posted: 23 Oct 2018, 18:40 |
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Joined: 05/20/15 Posts: 103 Post Likes: +81
Aircraft: RV8 in progress
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Honda Jet TBM910 Extra 300 Carbon Cub
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Post subject: Re: The Loto fleet thread... Posted: 23 Oct 2018, 20:12 |
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Joined: 12/29/14 Posts: 8490 Post Likes: +5307 Location: Brunswick, Ga
Aircraft: PA32RT-300T
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Thanks for crushing my dreams Doug. Username Protected wrote: I’m going to buy Falcon Jet. No, not a plane, the company You're gonna need a big boy loan. The market cap of Dassault is ~$34B Me? I'm sticking with my earlier choice: Long body MU-2 with: Cargo door Exec interior -10 engines Garmin stack PSE audio panel I'll also make a YUGE donation to EAA so that they include the MU-2 as a LSA.
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Post subject: Re: The Loto fleet thread... Posted: 24 Oct 2018, 09:31 |
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Joined: 01/23/13 Posts: 8088 Post Likes: +5783 Company: Kokotele Guitar Works Location: Albany, NY
Aircraft: C-182RG, C-172, PA28
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Username Protected wrote: That's actually a mark of genius. He's definitely good at math. The odds of winning are 1 in 302.5 million.
I heard an interview with a mathematician once who said you’d be stupid not to buy a ticket because nothing else offers such a high rate of return and the potential loss is very low. He also said you’d be stupid to buy two tickets because even if you double your odds, they’re still astronomical.
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Post subject: Re: The Loto fleet thread... Posted: 24 Oct 2018, 12:27 |
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Joined: 07/24/14 Posts: 1761 Post Likes: +2220
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Username Protected wrote: So at 1.6B if I buy 302.5 million tickets odds are I'll make 1.3B? Any chance statistics take a beating and I'm down 302.5 million? They’re $2 a piece, so you’d be risking $605 million.
_________________ Jay
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