3 ms·
Taleb is coming from the quant world. A trader can make or lose a lot of money, and that distribution of returns is fat-tailed, as exemplified by 2008 crisis.
by pps43 8y ago
Taleb is coming from the quant world. A trader can make or lose a lot of money, and that distribution of returns is fat-tailed, as exemplified by 2008 crisis.