Accept that randomness is a fact of life & that prediction is basically impossible in any kind of complex system. Make sure that your position is either resilient to big negative unpredictable events or better yet, antifragile. (Yes I’ve been reading a lot of Nassim Taleb recently.)
Accept that randomness is a fact of life & that prediction is basically impossible in any kind of complex system. Make sure that your position is either resilient to big negative unpredictable events or better yet, antifragile. (Yes I’ve been reading a lot of Nassim Taleb recently.)