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The series of a shuffle of a 6-deck shoe is not "incomplete information"?
by gosub100 9mo ago
The series of a shuffle of a 6-deck shoe is not "incomplete information"?
- mikrl 9mo agoTaleb calls it the Ludic Fallacy (game fallacy) The statistics of games are understandable, defined and easy to work with. The statistics of markets, as Soros spent his career investigating, are filled with feedback loops, and as Taleb investigated, fat tails.