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The size of the wobble the average hides
Why does this exist?
Two assets with the same average return can be wildly different beasts. Risk is variance.
Part of the Journey of Uncertainty — How do we judge when we cannot know for sure?
🔬 This lab is being built
When it opens, it will follow the same flow as every MathIsland lab:
- 1An opening question — the problem this concept solves
- 2Why it was needed — where the old tools failed
- 3Hands-on experiment — sliders, simulations, direct play
- 4Common misconceptions, broken
- 5The idea, written as mathematics
- 6Where you meet it in real life
- 7Connections to the previous and next concepts