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Thank you for the very good piece. I'm PDF Print E-mail
Written by Brett Anderson   
Wednesday, 12 May 2010 14:46
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Thank you for the very good piece. I'm trying to reconcile the graph above: you note that "A loss of 8% to 12% happened 8% of the time as did a gain of 16-20% or 24-28%", however the bars for those various returns look to be of very different lengths. And the vertical axis is a 0-100 scale versus a percentage-of-time-scale. I know I'm missing something, just need to know what!? Thanks again.
This is a comment on "Fat Tails"

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