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Published by jack elliot

The Black swan 




The Black Swan Theory  often describes an event that comes as a surprise,which has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight


You  could drew  from experience as an options trader to argue that stock-market projections are worthless because no one has any idea where prices are headed.


After prices unexpectedly rise or fall, experts impose specious retroactive narratives to divert attention from their ignorance


Often their experience is merely gambling with other peoples money

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