Why do [people] confuse probability and expectation, that i… - Nassim Nicholas Taleb

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Why do [people] confuse probability and expectation, that is, probability [vs.] probability times payoff? Mainly because much... schooling comes from examples in symmetric environments... the... bell curve... is entirely symmetric.

Nassim Nicholas Taleb

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About Nassim Nicholas Taleb

Nassim Nicholas Taleb (born 1 January 1960 in Amioun, Lebanon) is an essayist, epistemologist, researcher, and former practitioner of mathematical finance.

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Alternative Names: Nassim Taleb

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Robert A. Heinlein Isaac Asimov Mark Twain George Bernard Shaw Cory Doctorow

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Why do [people] confuse probability and expectation, that is, probability [vs.] probability times payoff? Mainly because much... schooling comes from… - Nassim Nicholas Taleb

About Nassim Nicholas Taleb

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