http://www.goodevalue.com/2009/07/randomness-joe-dimaggio/ It may be cheap, but is it a Goode value? Sun, 16 Oct 2011 22:06:46 -0400 http://wordpress.org/?v=2.8 hourly 1 http://www.goodevalue.com/2009/07/randomness-joe-dimaggio/comment-page-1/#comment-1216 Daniel M. Ryan Tue, 07 Jul 2009 03:58:59 +0000 http://www.goodevalue.com/?p=467#comment-1216 If you don't mind me being persnickity about it, outcomes that are more disappointing than randon chance indicates deviate from randomness too. Behavioral finance owes a lot of its credibility to the fact that the typical mutual fund, even after transaction costs, tends to perform a little worse than random chance suggests. If you don’t mind me being persnickity about it, outcomes that are more disappointing than randon chance indicates deviate from randomness too. Behavioral finance owes a lot of its credibility to the fact that the typical mutual fund, even after transaction costs, tends to perform a little worse than random chance suggests.

]]> http://www.goodevalue.com/2009/07/randomness-joe-dimaggio/comment-page-1/#comment-1215 Yngvai Mon, 06 Jul 2009 21:27:44 +0000 http://www.goodevalue.com/?p=467#comment-1215 I'm reading "Fooled by Randomness" right now which is right along these lines. Nassim Teleb talks about the "alternative outcomes" that you refer to here with the DiMaggio example. I’m reading “Fooled by Randomness” right now which is right along these lines. Nassim Teleb talks about the “alternative outcomes” that you refer to here with the DiMaggio example.

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