- profiting from uncertainty while mitigating risk
“Someone with a linear payoff needs to be right more than 50 percent of the time. Someone with a convex payoff, much less. The hidden benefit of antifragility is that you can guess worse than random & still end up outperforming.” Nassim Taleb
What does that mean to us? Well, first off, we do not worry about being right or wrong, we instead concern ourselves with “how much can we make if we’re right but more importantly, how much can we lose if we’re wrong.”
“Small amounts per trial, lot’s of trials, broader than you want…….it is more important to be in something in a small amountÂ than to miss it.” Nassim Taleb
We definitely believe so. Abundant TRIALS & keeping the ERRORS small……who knows, we may just get lucky!!