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Re:Nassim Talebs case against Nate Silver is bad math by ikeboy on Tuesday April 09, 2019 @08:42PM (#19620574)
Arbitrage over time is properly called arbitrage. If the fluctuations are known in advance, then you make a guaranteed profit by trading over time.
Re:Nassim Talebs case against Nate Silver is bad math by ummonk on Thursday April 11, 2019 @10:57PM (#19641554)
Yes, but you don't "know" the fluctuations in advance. You just have educated guesses about how they will mean-revert.