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Wednesday, 11/04/2009 10:06:44 AM

Wednesday, November 04, 2009 10:06:44 AM

Post# of 388891
OT: Could it be that Jesus loves Goldman Sachs so much that he made sure their trading strategies were almost always successful? Two

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Absolute Perfection: Goldman Loses Money On Just One Trading Day In Q3
Submitted by Tyler Durden on 11/04/2009 09:22 -0500

The Goldman 10-Q is out, providing numerous interesting datapoints for those willing to scour through them. The key one: Goldman lost money on just one trading day in Q3, making money on all the other 64. As a reminder, even in Q2 Goldman lost money on two trading days. The statistical probability distribution of 1 out of 65 is something that not the SEC, but Richard Feynman should be looking into, as Goldman Sachs, after rewriting the lass of risk/return, is now set to redefine normal distributions and other Statistics 101 concepts.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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