Re: Variance is Fractal
The very nature of what variance "IS", is fractal. This makes every process both of the transparent and non transparent kind also fractal.
My point is that by knowing this and by being aware of this fractal nature of variance, we can consciously keep "the math" in harmony (which includes various "standard deviations" with various magnitudes) which can improve our game. I think that through a deeper understanding of what variance "is", we can all but remove the "tilt" factor which for most, is our biggest enemy.
By realizing that variance IS fractal, we take it out of a box that we have sub consciously put it in, which makes it tough to analyze and fix leaks un in an unbiased way (which should be a goal). By putting variance in perspective, we can see why anyone who "hates" variance is not a long term consistent winner, in this "game".
|