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by cliftonk
4283 days ago
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Very helpful post. I'd like to add that "Fooled by Randomness" [1] by Taleb should be required reading for investors and speculators alike. A couple other good quotes to remember by one of my favorite investors, Ray Dalio. "Just because something hasn't happened recently doesn't mean it's implausible." "Always ensure that the improbable outcome is still acceptable." [1] http://www.amazon.com/Fooled-Randomness-Hidden-Markets-Incer... |
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