rfrey

130 ms·

1. 1531.▲
   by rfrey 20y ago

   I second Paul's recommendation to read Taleb's Fooled by Randomness; however, one should be aware that Taleb has been on "sabbatical" from his fund for well over a year. His analysis was good, but the markets apparently didn't read his boo
2. 1532.▲
   by rfrey 20y ago

   Another way of looking at this (actually just a rephrasing of what you've said) is that the mathematical expectation of a strategy is the sum of (the profit of each event multiplied by the probability of it happening.) That is expec = sum(
3. 1533.▲
   by rfrey 20y ago

   To me the interesting sites are those the author would call ugly by design (i.e, not the ones that are ugly because there was no money to hire a designer, or because the programmer thought he was a designer.) But with those, I think bueno m