Comment on Almost Half of Warren Buffett-led Berkshire Hathaway's $365 Billion Portfolio Is Invested in Only 1 Stock

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CoggyMcFee@lemmy.world ⁨11⁩ ⁨months⁩ ago

I was responding to purely hypothetical odds that someone just made up, in which case things can be as complicated or simple as one wants them to be.

But even if I were making an actual prediction based on real statistical data, I am not sure why you would think that having an expectation of the approximate distribution of something given its statistical likelihood is “mistaking statistics for actual reality”.

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