Word: zeros
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...while to explain to my parents that if you do it properly, it’s a lot like managing your portfolios. Could you lose everything you own in the stock market? Sure you could. But you can balance your portfolio such that essentially, your risk of ruin is zero...
...used to work in finance but now makes his living playing online poker—says that after he had played a large number of hands, he ran different kinds of win-rate analyses and determined that his chance of going bust was “pretty much zero,” which meant that he would win in the long run. And it’s safe to say that he has: at the 2009 World Series, Hawrilenko won more than a million dollars when he came in first place at an event. He took...
...Christie’s school district, the zero-tolerance policy is clear: Weapons are not allowed in school “regardless of possessor’s intent.” Although many have claimed that, in Christie’s case, intent should have been taken into account, the district’s injunction is an essential one in creating a secure school environment. When students bring knives or any other implements that can be used as weapons into school, they are engaging in inherently unsafe actions. Even if, as in Christie’s case, the weapon...
...rules, since he has not shown any pattern of disobeying them once he understands them. In fact, sending Christie to reform school will likely achieve precisely the opposite effect desired, actually hindering his education by forcing him to miss 45 days of regular class instruction. Although violations of zero-tolerance policies should certainly be punished, the precise nature of the punishments applied needs to be discretionary to account for students’ intentions, personal situations, and, most importantly, educational needs or interests...
Christie’s case in Delaware is reflective of a dangerously increasing trend in school suspensions and zero-tolerance policies. Twelve percent of students in Baltimore schools were suspended during the 2006-2007 school year, and 40 percent of high-school freshmen in Milwaukee faced suspensions over the same period. Blanket applications of zero-tolerance policies and the suspensions or expulsions associated with them are keeping too many kids out of school unnecessarily. Administrators need to be constantly vigilant about how they apply these policies and discipline students—otherwise, safety in the educational environment will come...