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Depending on exposure, one can be extremely wrong and be fine, or slightly wrong and blow up
Drawn from what Nassim Nicholas Taleb said
What Nassim Nicholas Taleb actually said
- Nassim Nicholas Taleb Former option trader and risk analyst
In some situations, you can be extremely wrong and be fine, in others you can be slightly wrong and explode.
Where this was said
↗The Fourth Quadrant: A Map of the Limits of Statistics (Edge, 2008)edge.org
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