3 ms·
Taleb’s point is not that your prediction should not change. His point is that if it does change, and frequently at that, the purported 90% chance at t(n) is b
by stopachka 6y ago
Taleb’s point is not that your prediction should not change.
His point is that if it does change, and frequently at that, the purported 90% chance at t(n) is bogus. That prediction needed to account for the volatility