This is nuts upon nuts. When's the crash?

(ft.com)

4 points | by petethomas 9 hours ago ago

2 comments

  • ispeters 8 hours ago ago

    https://archive.ph/dabX9

    TL;DR: modelling the stock market incorrectly with a normal distribution leads to the conclusion that the current circumstances arise once every 43 thousand years.

  • bediger4000 7 hours ago ago

    The end of the article has these 2 Semtences:

    Here’s where we’d normally add something pithy or sarky or whatever, but what more is there to say? Contact your Panmure representative for the full research.

    Was the whole article an ad, or "paid content"? I saw no notice to that effect, but ethical standards have decayed somewhat lately.