Technical Proof of Leverage leading to Fat Tails (uninteresting to those who do not need convincing)- Note 141

http://www.fooledbyrandomness.com/notebook.htm

Opacity
www.fooledbyrandomness.com
(A philosophical notebook. I only put stuff here from my work in progresss. Once again, I beg you to avoid sending me the list of typos. Not quite my book… but close. And I am not so much anti-Platonic: I am mostly against “Platonicity” which is being a sucker for a Platonic form, at the cost