In American culture the coin toss is the paradigm of the random event. A coin toss decides who kicks off the Super Bowl. Looked at another way, a coin toss is not random at all. It is physics.
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Part One, Entropy, Toy Room, p. 46William Poundstone
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You could not predict what would happen in a single instance, a single throw of the dice, a single pitch in the seventh inning, a single toss of the coin. But you could predict three out of five, four out of ten, seven out of sixteen, and to that extent chance governed everyone, all the time. Just as surely as two equals two.
Michael Crichton
Punishments and rewards are two sides of the same coin and that coin doesn't buy you much.
Alfie Kohn
The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.
Alan Greenspan
In reality, during the continuance of any one regulated proportion, between the respective values of the different values of the different metals in the coin, the value of the most precious metal regulates the value of the whole coin.
Adam Smith
Anything can be an instrument, Chigurh said. Small things. Things you wouldnt even notice. They pass from hand to hand. People dont pay attention. And then one day there's an accounting. And after that nothing is the same. Well, you say. It's just a coin. For instance. Nothing special there. What could that be an instrument of? You see the problem. To separate the act from the thing. As if the parts of some moment in history might be interchangeable with the parts of some other moment. How could that be? Well, it's just a coin. Yes. That's true. Is it?
Cormac McCarthy
Poundstone, William
Pour-Mohammadi, Mostafa
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