Maximum of an average is necessarily less volatile than the average ma…

Nassim Nicholas Taleb
178 citations
Maximum of an average is necessarily less volatile than the average maximum ✨ Nassim Nicholas Taleb (2008). Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, p.212, Random House
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Maximum of an average is necessarily less volatile than the average maximum ✨ Nassim Nicholas Taleb (2008). Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, p.212, Random House

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