"What we perceive as [market] corrections are actually just totally random shocks." http://www.separatinghyperplanes.com/2014/07/is-stock-market-due-for-correction.html …
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@pmarca Or, failing that, confident-sounding hindsight bias can be a pretty good consolation prize.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@abenomixx As the article illustrates, just b/c there's a random walk in the small, doesn't mean there isn't a direction to the large. :-) - 1 more reply
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