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Ambrose Bierce

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Advice, n. The smallest current coin.

 
Ambrose Bierce

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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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There's no such thing as advice to the lovelorn. If they took advice, they wouldn't be lovelorn. You see, advice and lovelorn don't go together. Because advice makes love sound like some sort of cognitive activity, but we know that it isn't. We all know that it's some sort of horrible chemical reaction over which we have absolutely no control. And that's why advice doesn't work.

 
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Punishments and rewards are two sides of the same coin and that coin doesn't buy you much.

 
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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.

 
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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.

 
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