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"We think there's a good probability that this will become the world's first trillion-dollar company, " said St.
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This would be a good probability play of being able to exercise the call and collect the dividend.
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"We still like it and think there's a good probability that this will become the U.S.'s first trillion-dollar company, " said St.
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That probability gives you a pretty good assessment of default risk.
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Investing in trends has a much, much higher probability of making good returns than investing in things that are not on major trends.
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Christmas season is as good a time as ever to remind you that a probability distribution has two tails.
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The good news, thankfully, is that he only attributes a 5% probability to an actual eurozone break-up.
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