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"Lucky" No, that's wrong. "Lucky and rich"
Commented Sep 18, 2011 on
Big Data, Plainly Spoken (aka Numbers Rule Your World)
There has been a lot of self-righteous reporting in the business press regarding the "rogue trader" denting a bank's reputation, acting in "shady" ways, etc. The $2 billion lost in one trade would certainly qualify as an extreme event. I invite readers to think about the entire spread of trade r...
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