Gambler’s fallacy: It’s the same old faces for nothing

Reylito A.H. Elbo

THIS one is a slightly edited story from nuts: A stingy millionaire walks into a bank in London and asks to see the manager. “I’m going to Moscow on business for two weeks and need to borrow 5,000 euros,” says the millionaire. The manager replies, “We know you can pay it back, but still we’ll require you to put up some kind of security for the loan as a matter of policy.”