“Veteran trader Marty O’Connell calls this the firehouse effect. He had observed that firemen with much downtime who talk to each other for too long come to agree on many things that an outside, impartial observer would find ludicrous (they”
―
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
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Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
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Nassim Nicholas Taleb70,774 ratings, average rating, 3,590 reviews
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