Poker is a game with known rules. In investing the rules are not known in the same way. Nassim Taleb calls equating the two the ludic fallacy.
Who?
Nassim Nicholas Taleb, author of the somewhat well-known book “The Black Swan”. Former (successful) trader and (not so successful) hedge fund manager.
Interesting!
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Poker is a game with known rules. In investing the rules are not known in the same way. Nassim Taleb calls equating the two the ludic fallacy.
Who?
Nassim Nicholas Taleb, author of the somewhat well-known book “The Black Swan”. Former (successful) trader and (not so successful) hedge fund manager.
Interesting!