Nassim Taleb
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In a short new paper, Taleb argues that new entrants into finance simply won’t be able to out-compete existing investment managers who—mostly due to luck—have accumulated records of market-beating performance and vast sums of capital. » Read More |
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In a short new paper, Taleb argues that new entrants into finance simply won’t be able to out-compete existing investment managers who—mostly due to luck—have accumulated records of market-beating performance and vast sums of capital.
