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In complex decisions exposed to fat tails, decisions should not rest on statistically based claims
Drawn from what Nassim Nicholas Taleb said
What Nassim Nicholas Taleb actually said
- Nassim Nicholas Taleb Former option trader and risk analyst
Here is where your limits are. Do not base your decisions on statistically based claims.
Where this was said
↗The Fourth Quadrant: A Map of the Limits of Statistics (Edge, 2008)edge.org
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