An entire article on the subject without mentioning black swans or Nassim Taleb's other work on 'fat tails' gives the impression of a fresh absence of derivativity but also makes me wonder if it is missing something.
> Performance at most athleticism-based sports is light-tailed. For the 100m sprint, the current world record from Usain Bolt is 9.58 seconds, while “a non-elite athlete can run 100m in 13-14 seconds.”
On the other hand, I'm guessing pay among athletes is heavy-tailed.
Anyway, thought this was going to be a post on anomaly detection or something but turned out to be quite different.
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[ 2.8 ms ] story [ 15.7 ms ] threadOn the other hand, I'm guessing pay among athletes is heavy-tailed.
Anyway, thought this was going to be a post on anomaly detection or something but turned out to be quite different.