4 ms·
I love how 20-sigma events happen every 8-10 years on Wall Street. Sounds like no statistics I've ever seen. Conveniently, money is extracted along the way in
by taway2021s 5y ago
I love how 20-sigma events happen every 8-10 years on Wall Street. Sounds like no statistics I've ever seen.
Conveniently, money is extracted along the way in the form of generous fees, everyone apologizes for the thousand-year event they couldnt predict, and we repeat the cycle. People on the outside make excuses while those on the inside craft brilliant tales of hard work and rugged individualism.