2 ms·
This has always been the case throughout history. The difficult part of winning big or consistently is not doing the probability judgments or expected value com
by kqr 2y ago
This has always been the case throughout history. The difficult part of winning big or consistently is not doing the probability judgments or expected value computations -- it's getting the counterparty to pay you.
The actual long-term winners have to win small and inconspicuously.