Bitcoin’s Positive Skew

By Stephen Perrenod on The Capital

This is not investment advice. Bitcoin is highly volatile. Past performance of back-tested models is no assurance of future performance. Only invest what you can afford to lose. You must decide how much of your investment capital you are willing to risk with Bitcoin. No warranties are expressed or implied.

Look for Positive Skew: Taleb

In his “Bleed or Blowup” article for the Journal of Behavioral Finance, Nicholas Nassim Taleb notes that many investors seem to…