#thin-tailed

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antis3

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Since all economic variables are fat-tailed - Regular thin-tailed statistics don't apply

Since all economic variables are fat-tailed - Regular thin-tailed statistics don't apply

This is the kind of bullshit delivered by a BSchool "Associate Dean". Dangerous BS.Saying "data has fat tails" YET using ordinary MLE estimators, accepting modern portfolio theory,

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