4 ms·
Totally on point. That is why 100-yr events seem to happen every 7 or 8 years :-) Normal distribution assumptions are great for coursework, terrible when you
by finance-geek 11y ago
Totally on point. That is why 100-yr events seem to happen every 7 or 8 years :-) Normal distribution assumptions are great for coursework, terrible when you are managing real money.
- shlomo_goystein 11y agoThings happen every 7 years because of the Shmitah. Call the jews and tell them to learn from history! They've been crashing markets since the tower of babel. And while you're at it, call Soros and tell him to take his ethnocidal hands off Europe. And call the FBI and report him. Shalom!
- shlomo_goystein 11y agoGoyim are gonna hand all their possessions over to the nation of Israel after the big Shmitah crash... at a 90% discount! Good luck suckas!
- sfilipov 11y agoSlightly off-topic but we are really bad at predicting these "very unlikely events" that actually happen more often than expected. Whenever I hear a similar story, I am reminded of the 3 nuclear reactor disasters (Three Mile Island, Chernobyl, Fukushima), each of which shouldn't have happened in 15000 years.
- iaw 11y agoWhere did you get the 15,000 years number? I have never seen that before and would love it if you could provide more resources.
- sfilipov 11y agoIt is very anecdotal, I believe I read it in an article long time ago around the time the Fukushima disaster happened. It is probably an inaccurate number. The point is, all 3 faults/human errors shouldn't have happened according to statisticians/mathematicians.