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Jim O'Shaughnessy, OSV - Unleashing The World's Infinite Potential | #465

The Meb Faber Show - Better Investing

00:00

Infinite Adventures

O'Shaughnessy: We think that the most interesting stuff is going to be in the tails. He says markets are not normally distributed, they're chaotically distributed with peaky middles and very long tails. The math for normal Brownian distributions sometimes really blows up in your face, O'Shaugnessy says. "We all know that that was bullshit"

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