"In the markets, there is a category of traders who have **inverse rare events, for whom volatility is often a bearer of good news**. These traders **lose money frequently, but in small amounts, and make money rarely, but in large amounts**. I call them crisis hunters. I am happy to be one of them." --- **Tags** -- [[quotes]], [[probabilistic-thinking]], [[fooled-by-randomness]], [[investments]], [[trading]] **Source** -- [[202410121132 - B - Fooled by Randomness]]