“The technical explanation is that the market-sensitive risk models used by thousands of market participants work on the assumption that each user is the only person using them.”
Quote by Avinash Persaud
Author
You May Also Like
“The kinds of errors that cause plane crashes are invariably errors of teamwork and communication.”
Source: Outliers: The Story of Success
“I can assure you, as long as I'm here, as long as my colleagues are here, we do know about risks.”
Source: Liar's Poker
Source: The Unthinkable: Who survives when disaster strikes - and why
“I don't have a room full of writers pitching ideas. It's just me out of my head.”
