Estimating Rare Events
Brett discusses the limitations of having a trader mentality when it comes to estimating the probability of rare events and finding solutions. He emphasizes the importance of leaving these problems to the experts in their respective fields and highlights the potential hubris that can arise from thinking one can control such events.In this clip
From this podcast
Dwarkesh Podcast
Brett Harrison - FTX US Former President & HFT Veteran Speaks Out
Related Questions
What role does probability play in decision-making in the episode Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions | The Tim Ferriss Show, and in the clip Navigating Uncertainty?
What role does probability play in decision-making in the episode Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions | The Tim Ferriss Show and the clip Navigating Uncertainty?