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Tag Archives: XIV

Explaining both the XIV trade and why forecasting is BS | Youtube

N N Taleb’s Probability Moocs Published on Feb 10, 2018 Antifragile explains why understanding x is different from f(x) the payoff or exposure from x. Most of the harm/gains come from f(x) being convex or concave not understanding x. Forecasting is off an average, and average is for academics and other morons. This video illustrates […]