23 Apr 2024, 16:06 [ 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
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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
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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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Username Protected
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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: 9324
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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.
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Bible In Poems
BibleInPoems.com
BNice
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Username Protected
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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
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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?
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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
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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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Username Protected
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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
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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
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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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Username Protected
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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: 8084
Post Likes: +5779
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
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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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Agreed... now...
