Once upon a time, in a 36 sigma event far, far away…

Gentlemen, draw your bowstrings… From p. 233 of The Black Swan : WEALTH DISTRIBUTION ASSUMING A GAUSSIAN LAW Richer than €1 million: 1 in 63 Richer than €2 million: 1 in 127,000 Richer than €3 million: 1 in 14,000,000,000 Richer than €4 million: 1 in 886,000,000,000,000,000 Richer than €8 million: 1 in 16,000,000,000,000,000,000,000,000,000,000,000 Richer than €16 […]