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Odd Lots cover image

Nassim Taleb on What Bitcoiners, Anti-Vaxxers and Deadlift Maxis All Get Wrong

Odd Lots

NOTE

The Sam Bankman Frieden Misunderstanding about Probabilistic Thinking

Sam Bankman Frieden misunderstood the concept of positive EV./nHe and his whole crew thought that huge risks were worth it if there was even a slight edge, if there's a slight positive EV./nHowever, this gamble blew up and they lost a lot of money.

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