Sam Bankman Fried has written contemptuously of his fellow inmates' lack of understanding of statistics:
"One day, Harry came to me with a new betting strategy: he would bet $100. If he lost, he would bet $250, and then $600, etc., until he won, and eventually he would win, so he was almost certainly going to make money doing it. I didn't have the heart to tell him that there was in fact a name for this strategy: "the gambler's fallacy." [0]
[0] https://archive.is/lqjQU
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