061: Ari Pine – A Scientific Trading Perspective, Process Over Outcome, and The Law of Large Numbers
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Option Trading
Am nacim teleb am is the author of the black swan, he's an options trader by training. He says having a relatively long career has also done that. The fact you've written a lot of hurricane insurance does not impact the likelihood of a hurricane reaching ground. On the other hand, the fact that you've got a very large position in finance does impact your probability of gain or loss,. Which is, i guess, linking back to a heisenberg uncertainty principle - which is to say that the moment you're observing it, or the moment that you're part of it, it changes the actual ityend you mention and there.
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