Bankruptcy is an inevitable fate of repeated investments with leverage.

Abstract:

:Due to the globalization and computerization of financial and economic activities, numerous repetitive leveraged investments have become possible in stock markets and currency exchanges. In reality, repeated leveraged investments up to 100 times/day are possible via online access. With computer-aided programs, this repetition number may easily increase 1000 times/day. The possibility of bankruptcy in repeated leveraged investments has never been considered in actual practices because the probability of bankruptcy in a single investment trial is almost negligible. Here, we show that the extremely numerous repetitions have a considerable chance of bankruptcy overall, even if the probability of bankruptcy for a single investment is extremely close to zero. The exact relationship between the repetitions and the probability of bankruptcy is approximated well by n(0.63) = m, where 10n is the number of repetitions, 10-m is the bankruptcy probability of a single investment, and n(0.63) is the 63% chance of bankruptcy. Thus, extremely rare events can always lead to bankruptcy in continuously repeated investment, even if the possibility of such an event is almost null. We suggest that the avoidance measure of bankruptcy is necessary in numerous repeated investments even if a single trial is almost certain to win.

journal_name

Sci Rep

journal_title

Scientific reports

authors

Nii M,Okabe T,Ito H,Morita S,Yasuda Y,Yoshimura J

doi

10.1038/s41598-019-50237-6

subject

Has Abstract

pub_date

2019-09-24 00:00:00

pages

13745

issue

1

issn

2045-2322

pii

10.1038/s41598-019-50237-6

journal_volume

9

pub_type

杂志文章
  • Proteomic profiles before and during weight loss: Results from randomized trial of dietary intervention.

    abstract::Inflammatory and cardiovascular biomarkers have been associated with obesity, but little is known about how they change upon dietary intervention and concomitant weight loss. Further, protein biomarkers might be useful for predicting weight loss in overweight and obese individuals. We performed secondary analyses in t...

    journal_title:Scientific reports

    pub_type: 杂志文章,随机对照试验

    doi:10.1038/s41598-020-64636-7

    authors: Figarska SM,Rigdon J,Ganna A,Elmståhl S,Lind L,Gardner CD,Ingelsson E

    更新日期:2020-05-13 00:00:00

  • Broad-scale morpho-functional traits of the mandible suggest no hard food adaptation in the hominin lineage.

    abstract::An on-going debate concerning the dietary adaptations of archaic hominins and early Homo has been fuelled by contradictory inferences obtained using different methodologies. This work presents an extensive comparative sample of 30 extant primate species that was assembled to perform a morpho-functional comparison of t...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-020-63739-5

    authors: Marcé-Nogué J,Püschel TA,Daasch A,Kaiser TM

    更新日期:2020-04-22 00:00:00

  • Intrabasin Variability of East Pacific Tropical Cyclones During ENSO Regulated by Central American Gap Winds.

    abstract::Hurricane Patricia in 2015 was the strongest Pacific hurricane to make landfall in Mexico. Although Patricia fortuitously spared major cities, it reminded us of the threat tropical cyclones (TCs) pose in the eastern North Pacific (ENP) and the importance of improving our understanding and prediction of ENP TCs. Patric...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-017-01962-3

    authors: Fu D,Chang P,Patricola CM

    更新日期:2017-05-10 00:00:00

  • Author Correction: Toxicity evaluation of Wanzhou watershed of Yangtze Three Gorges Reservoir in the flood season in Caenorhabditis elegans.

    abstract::A correction to this article has been published and is linked from the HTML and PDF versions of this paper. The error has been fixed in the paper. ...

    journal_title:Scientific reports

    pub_type: 已发布勘误

    doi:10.1038/s41598-018-34064-9

    authors: Xiao G,Zhao L,Huang Q,Yang J,Du H,Guo D,Xia M,Li G,Chen Z,Wang D

    更新日期:2018-10-18 00:00:00

  • Approach to multifunctional device platform with epitaxial graphene on transition metal oxide.

    abstract::Heterostructures consisting of two-dimensional materials have shown new physical phenomena, novel electronic and optical properties, and new device concepts not observed in bulk material systems or purely three dimensional heterostructures. These new effects originated mostly from the van der Waals interaction between...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep14374

    authors: Park J,Back T,Mitchel WC,Kim SS,Elhamri S,Boeckl J,Fairchild SB,Naik R,Voevodin AA

    更新日期:2015-09-23 00:00:00

  • Evaluation of Reanalysis Surface Incident Solar Radiation Data in China.

    abstract::Surface incident solar radiation (Rs) of reanalysis products is widely used in ecological conservation, agricultural production, civil engineering and various solar energy applications. It is of great importance to have a good knowledge of the uncertainty of reanalysis Rs products. In this study, we evaluated the Rs e...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-020-60460-1

    authors: Zhang X,Lu N,Jiang H,Yao L

    更新日期:2020-02-26 00:00:00

  • Reconstruction of non-error magnetic hologram data by magnetic assist recording.

    abstract::Hologram memory is expected to be the next-generation of optical data storage technology. Bismuth-substituted yttrium iron garnet is typically used for rewritable magnetic hologram media. The diffraction efficiency of magnetic holography depends on the Faraday rotation angle, but the experimental diffraction efficienc...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-017-12442-z

    authors: Shirakashi Z,Goto T,Takagi H,Nakamura Y,Lim PB,Uchida H,Inoue M

    更新日期:2017-10-09 00:00:00

  • High fidelity CRISPR/Cas9 increases precise monoallelic and biallelic editing events in primordial germ cells.

    abstract::Primordial germ cells (PGCs), the embryonic precursors of the sperm and egg, are used for the introduction of genetic modifications into avian genome. Introduction of small defined sequences using genome editing has not been demonstrated in bird species. Here, we compared oligonucleotide-mediated HDR using wild type S...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-018-33244-x

    authors: Idoko-Akoh A,Taylor L,Sang HM,McGrew MJ

    更新日期:2018-10-11 00:00:00

  • Novel metastable metallic and semiconducting germaniums.

    abstract::Group-IVa elements silicon and germanium are known for their semiconducting properties at room temperature, which are technologically critical. Metallicity and superconductivity are found at higher pressures only, Ge β-tin (tI4) being the first high-pressure metallic phase in the phase diagram. However, recent experim...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep01466

    authors: Selli D,Baburin IA,Martoňák R,Leoni S

    更新日期:2013-01-01 00:00:00

  • Temporal changes in the radiocesium distribution in forests over the five years after the Fukushima Daiichi Nuclear Power Plant accident.

    abstract::To elucidate the temporal changes in the radiocesium distribution in forests contaminated by the Fukushima Daiichi Nuclear Power Plant accident, we monitored the 137Cs concentration and inventory within forests from 2011 to 2015 across nine plots containing variable tree species and different contamination levels. The...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-017-08261-x

    authors: Imamura N,Komatsu M,Ohashi S,Hashimoto S,Kajimoto T,Kaneko S,Takano T

    更新日期:2017-08-15 00:00:00

  • Large area and deep sub-wavelength interference lithography employing odd surface plasmon modes.

    abstract::In this paper, large area and deep sub-wavelength interference patterns are realized experimentally by using odd surface plasmon modes in the metal/insulator/metal structure. Theoretical investigation shows that the odd modes possesses much higher transversal wave vector and great inhibition of tangential electric fie...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep30450

    authors: Liu L,Luo Y,Zhao Z,Zhang W,Gao G,Zeng B,Wang C,Luo X

    更新日期:2016-07-28 00:00:00

  • Multiple leading edge vortices of unexpected strength in freely flying hawkmoth.

    abstract::The Leading Edge Vortex (LEV) is a universal mechanism enhancing lift in flying organisms. LEVs, generally illustrated as a single vortex attached to the wing throughout the downstroke, have not been studied quantitatively in freely flying insects. Previous findings are either qualitative or from flappers and tethered...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep03264

    authors: Johansson LC,Engel S,Kelber A,Heerenbrink MK,Hedenström A

    更新日期:2013-11-20 00:00:00

  • HBV induces inhibitory FcRL receptor on B cells and dysregulates B cell-T follicular helper cell axis.

    abstract::Spontaneous or treatment induced seroconversion in chronic HBV infection is rare and generation of anti-HBs antibodies is the current goal of HBV therapeutics. Here we investigated B and follicular T helper (Tfh) cell defects that persist in HBV infection despite long-term nucleos(t)ide analog (NUC) treatment and poss...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-018-33719-x

    authors: Poonia B,Ayithan N,Nandi M,Masur H,Kottilil S

    更新日期:2018-10-17 00:00:00

  • Observed drought indices show increasing divergence across Europe.

    abstract::Recent severe European droughts raise the vital question: are we already experiencing measurable changes in drought likelihood that agree with climate change projections? The plethora of drought definitions compounds this question, requiring instead that we ask: how have various types of drought changed, how do these ...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-017-14283-2

    authors: Stagge JH,Kingston DG,Tallaksen LM,Hannah DM

    更新日期:2017-10-25 00:00:00

  • New structural insight of C-terminal region of Syntenin-1, enhancing the molecular dimerization and inhibitory function related on Syndecan-4 signaling.

    abstract::The PDZ domain-containing scaffold protein, syntenin-1, binds to the transmembrane proteoglycan, syndecan-4, but the molecular mechanism/function of this interaction are unknown. Crystal structure analysis of syntenin-1/syndecan-4 cytoplasmic domains revealed that syntenin-1 forms a symmetrical pair of dimers anchored...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep36818

    authors: Choi Y,Yun JH,Yoo J,Lee I,Kim H,Son HN,Kim IS,Yoon HS,Zimmermann P,Couchman JR,Cho HS,Oh ES,Lee W

    更新日期:2016-11-10 00:00:00

  • ANKRD22 promotes progression of non-small cell lung cancer through transcriptional up-regulation of E2F1.

    abstract::Lung cancer is the leading cause of death among all malignancies due to rapid tumor progression and relapse; however, the underlying molecular mechanisms of tumor progression are unclear. In the present study, we identified ANKRD22 as a novel tumor-associated gene in non-small cell lung cancer (NSCLC). According to th...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-017-04818-y

    authors: Yin J,Fu W,Dai L,Jiang Z,Liao H,Chen W,Pan L,Zhao J

    更新日期:2017-06-30 00:00:00

  • Hierarchically structured Co₃O₄@Pt@MnO₂ nanowire arrays for high-performance supercapacitors.

    abstract::Here we proposed a novel architectural design of a ternary MnO2-based electrode - a hierarchical Co3O4@Pt@MnO2 core-shell-shell structure, where the complemental features of the three key components (a well-defined Co3O4 nanowire array on the conductive Ti substrate, an ultrathin layer of small Pt nanoparticles, and a...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep02978

    authors: Xia H,Zhu D,Luo Z,Yu Y,Shi X,Yuan G,Xie J

    更新日期:2013-10-17 00:00:00

  • Predicting clinical decline and conversion to Alzheimer's disease or dementia using novel Elecsys Aβ(1-42), pTau and tTau CSF immunoassays.

    abstract::We evaluated the performance of CSF biomarkers for predicting risk of clinical decline and conversion to dementia in non-demented patients with cognitive symptoms. CSF samples from patients in two multicentre longitudinal studies (ADNI, n = 619; BioFINDER, n = 431) were analysed. Aβ(1-42), tTau and pTau CSF concentrat...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-019-54204-z

    authors: Blennow K,Shaw LM,Stomrud E,Mattsson N,Toledo JB,Buck K,Wahl S,Eichenlaub U,Lifke V,Simon M,Trojanowski JQ,Hansson O

    更新日期:2019-12-13 00:00:00

  • Zeno dynamics in quantum open systems.

    abstract::Quantum Zeno effect shows that frequent observations can slow down or even stop the unitary time evolution of an unstable quantum system. This effect can also be regarded as a physical consequence of the statistical indistinguishability of neighboring quantum states. The accessibility of quantum Zeno dynamics under un...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep11509

    authors: Zhang YR,Fan H

    更新日期:2015-06-23 00:00:00

  • Patterning of regional gene expression in autism: new complexity.

    abstract::Autism is a common and often severe neurodevelopmental disorder for which diverse pathophysiological processes have been proposed. Recent gene expression data comparing autistic and control brains suggest that the normal differential gene expression between frontal and temporal cortex is attenuated in autistic brains....

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep01831

    authors: Ginsberg MR,Rubin RA,Natowicz MR

    更新日期:2013-01-01 00:00:00

  • Complex inheritance in Pulmonary Arterial Hypertension patients with several mutations.

    abstract::Pulmonary Arterial Hypertension (PAH) is a rare and progressive disease with low incidence and prevalence, and elevated mortality. PAH is characterized by increased mean pulmonary artery pressure. The aim of this study was to analyse patients with combined mutations in BMPR2, ACVRL1, ENG and KCNA5 genes and to establi...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep33570

    authors: Pousada G,Baloira A,Valverde D

    更新日期:2016-09-15 00:00:00

  • COL6A3 expression in adipose tissue cells is associated with levels of the homeobox transcription factor PRRX1.

    abstract::Fibrillar collagen COL6α3 in adipose tissue has been associated with obesity, inflammation, insulin resistance and cancer. We here aimed to identify novel transcriptional regulators of COL6A3 expression. Based on a transcriptome dataset of adipose tissue, we identified strong correlations for 56 genes with COL6A3 mRNA...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-020-77406-2

    authors: Dankel SN,Grytten E,Bjune JI,Nielsen HJ,Dietrich A,Blüher M,Sagen JV,Mellgren G

    更新日期:2020-11-19 00:00:00

  • Causal relevance of circulating high-density lipoprotein cholesterol with cancer: a Mendelian randomization meta-analysis.

    abstract::We summarized published data on the associations of apolipoprotein E (APOE) gene ε2/ε3/ε4 polymorphism with both cancer risk and circulating lipid profiles, aiming to examine the causal relevance between lipids and cancer risk. Article identification and data abstraction were conducted in duplicate and independently b...

    journal_title:Scientific reports

    pub_type: 杂志文章,meta分析

    doi:10.1038/srep09495

    authors: Yang C,Tian G,Mi J,Wei X,Li X,Li X,Wang W,Wang B

    更新日期:2015-03-30 00:00:00

  • Association of BRCA1 promoter methylation with sporadic breast cancers: Evidence from 40 studies.

    abstract::Breast cancer susceptibility gene 1 (BRCA1) located at chromosome 17q12-21 is a classic tumor suppressor gene, and has been considered as a significant role in hereditary breast cancers. Moreover, numerous studies demonstrated the methylation status of CpG islands in the promoter regions of BRCA1 gene was aberrant in ...

    journal_title:Scientific reports

    pub_type: 杂志文章,meta分析

    doi:10.1038/srep17869

    authors: Zhang L,Long X

    更新日期:2015-12-08 00:00:00

  • Recurrent SARS-CoV-2 RNA positivity after COVID-19: a systematic review and meta-analysis.

    abstract::Present study aimed to estimate the incidence of recurrent SARS-CoV-2 RNA positivity after recovery from COVID-19 and to determine the factors associated with recurrent positivity. We searched the PubMed, MedRxiv, BioRxiv, the Cochrane Library, ClinicalTrials.gov, and the World Health Organization International Clinic...

    journal_title:Scientific reports

    pub_type: 杂志文章,meta分析

    doi:10.1038/s41598-020-77739-y

    authors: Azam M,Sulistiana R,Ratnawati M,Fibriana AI,Bahrudin U,Widyaningrum D,Aljunid SM

    更新日期:2020-11-26 00:00:00

  • Operation of a P300-based brain-computer interface in patients with Duchenne muscular dystrophy.

    abstract::A brain-computer interface (BCI) or brain-machine interface is a technology that enables the control of a computer and other external devices using signals from the brain. This technology has been tested in paralysed patients, such as those with cervical spinal cord injuries or amyotrophic lateral sclerosis, but it ha...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-018-20125-6

    authors: Utsumi K,Takano K,Okahara Y,Komori T,Onodera O,Kansaku K

    更新日期:2018-01-29 00:00:00

  • Re-visiting the nature and relationships between neurological signs and neurocognitive functions in first-episode schizophrenia: An invariance model across time.

    abstract::The present study examined different types of neurological signs in patients with first-episode schizophrenia and their relationships with neurocognitive functions. Both cross-sectional and longitudinal designs were adopted with the use of the abridged Cambridge Neurological Inventory which comprises items capturing m...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep11850

    authors: Chan RCK,Dai S,Lui SSY,Ho KKY,Hung KSY,Wang Y,Geng FL,Li Z,Cheung EFC

    更新日期:2015-07-02 00:00:00

  • Gemini quaternary ammonium compound PMT12-BF4 inhibits Candida albicans via regulating iron homeostasis.

    abstract::Quaternary ammonium compounds (QACs) are classified as cationic surfactants, and are known for their biocidal activity. However, their modes of action are thus far not completely understood. In this study, we synthesized a gemini QAC, PMT12-BF4 and found that it exerted unsurpassed broad-spectrum antifungal activity a...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-020-59750-5

    authors: Hsu LH,Kwaśniewska D,Wang SC,Shen TL,Wieczorek D,Chen YL

    更新日期:2020-02-19 00:00:00

  • Syntabulin regulates the trafficking of PICK1-containing vesicles in neurons.

    abstract::PICK1 (protein interacting with C-kinase 1) is a peripheral membrane protein that interacts with diverse membrane proteins. PICK1 has been shown to regulate the clustering and membrane localization of synaptic receptors such as AMPA (α-amino-3-hydroxy-5-methyl-4-isoxazolepropionic acid) receptors, metabotropic glutama...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/srep20924

    authors: Xu J,Wang N,Luo JH,Xia J

    更新日期:2016-02-12 00:00:00

  • Absorption of α-tocopheryl acetate is limited in mink kits (Mustela vison) during weaning.

    abstract::Bioavailability of α-tocopherol varies with source, dose and duration of supplementation. The effect of source and dose of α-tocopherol on response of α-tocopherol stereoisomers in plasma and tissues of mink kits during the weaning period was studied. Twelve mink kits were euthanised in CO2 at the beginning of the exp...

    journal_title:Scientific reports

    pub_type: 杂志文章

    doi:10.1038/s41598-020-80902-0

    authors: Lashkari S,Clausen TN,Foldager L,Jensen SK

    更新日期:2021-01-29 00:00:00