That’s pretty much what Nassim Taleb did, and he reportedly made a killing in the recent crisis.
I’m curious, has anyone figured out the average gain made by individuals who intentionally relied on the standard predictive models? It’s at least possible in principle that those individuals gained enough by using their models to justify their use.
That’s pretty much what Nassim Taleb did, and he reportedly made a killing in the recent crisis.
I’m curious, has anyone figured out the average gain made by individuals who intentionally relied on the standard predictive models? It’s at least possible in principle that those individuals gained enough by using their models to justify their use.