this post was submitted on 17 Dec 2023
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Almost Half of Warren Buffett-led Berkshire Hathaway's $365 Billion Portfolio Is Invested in Only 1 Stock (finance.yahoo.com)
submitted 11 months ago by [email protected] to c/[email protected]
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Almost Half of Warren Buffett-led Berkshire Hathaway's $365 Billion Portfolio Is Invested in Only 1 Stock::This tech giant has made for a wonderful investment in recent years.

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[–] [email protected] 2 points 11 months ago* (last edited 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 what we know about its statistical likelihood is “mistaking statistics for actual reality”.