Quoting the Crisis06/11/2009
“ Goldman lost money on just one trading day in Q3, making money on all the other 64. As a reminder, even in Q2 Goldman lost money on two trading days. The statistical probability distribution of 1 out of 65 is something that not the SEC, but Richard Feynman should be looking into, as Goldman Sachs, after rewriting the lass of risk/return, is now set to redefine normal distributions and other Statistics 101 concepts. „
Absolute Perfection: Goldman Loses Money On Just One Trading Day In Q3 | zero hedge
Quote posted at 17:05
