On this side remember, you're excited about head tail tail you're excited about head tail head.

You can't do that with head tail tail.

Who thinks that A is true that, on average, it'll take longer to see head tail head than head tail tail?

Who thinks that C is true that, on average, it'll take less time to see head tail head than head tail tail?

Here's one a head, followed by a tail, followed by a tail.

Yes, all investors should have a very modest share of gold in their portfolios as a hedge against extreme tail risks. But other real assets can provide a similar hedge, and those tail risks while not eliminated are certainly lower today than at the peak of the global financial crisis.

In fact, the average number of tosses till head tail head is 10 and the average number of tosses until head tail tail is eight.

Then the pattern, head tail tail, that we've suddenly become fixated with happens here.

The Dollar s Long Tail

China s E Tail Revolution

There's a connection between head tail heads and head tail tails in genetics, and it's the following.

The other half of the audience doesn't like head tail tail they think, for deep cultural reasons, that's boring and they're much more interested in a different pattern head tail head.

See that tail? That's incredible!

So what you want to do is compare the average number of tosses until we first see head tail head with the average number of tosses until we first see head tail tail.

That's a dolphin tail there, guys.

I go in, tail comes off.

The dog was wagging his tail.

If you went head tail head tail head, you can cunningly get two occurrences of the pattern in only five tosses.

Another way of thinking about it if we tossed a coin eight million times, then we'd expect a million head tail heads and a million head tail tails but the head tail heads could occur in clumps.

There is. Head tail head overlaps itself.

Robert Full Learning from the gecko's tail

And it was unstable without its tail.

And they do it with their tail.

We're at the long tail end here.

He mounted a camera on the tail.

We see a flick of the tail.

Imagine this half of the audience each get out coins, and they toss them until they first see the pattern head tail tail.

But of course, this is a passive tail.

We want to stop that tail from resorbing.

Chris Anderson of WIRED on tech's Long Tail

The dog followed its master, wagging its tail.

And you let it go, and then right when you see the tail, you grab it by the tail, then you bring it back in.

You know, five fatal wrecks in the last 20 years, the tail either came off or steering stuff inside the tail broke in some way.

Samson went and caught three hundred foxes, and took torches, and turned tail to tail, and put a torch in the midst between every two tails.

Samson went and caught three hundred foxes, and took torches, and turned tail to tail, and put a torch in the midst between every two tails.

And Samson went and caught three hundred foxes, and took firebrands, and turned tail to tail, and put a firebrand in the midst between two tails.

And Samson went and caught three hundred foxes, and took firebrands, and turned tail to tail, and put a firebrand in the midst between two tails.

If it's a tail, you crack open the champagne.

Pull its tail up take a look in there.

A rabbit has long ears and a short tail.

But he was right I couldn't do the tail.

The next toss is a tail you get really excited.

They said, Well, it kind of looks like a tail.

It oscillates its tail up and down like a dolphin.

And together, there's quite a complex possibility of tail expression.