Nassim Nicholas Taleb @nntaleb
FINANCE DU JOUR A useway metric to look at the performance of a security is in max drawdown (in log), to account for the vast number of people who bought near the high (or owners who missed a sale there). The SP & Gold are trading ~15% drawdown (in log), whereas BTC in ~120%. https://t.co/E1nVPanIA3 — PolitiTweet.org
