There is no need to introduce Nassim Taleb here, readers know that we share a great deal regarding markets and uncertainty under the guise of the Black Swan model, which I prefer to call the stable Paretian model. Extreme events dominate even though they are rare. This is summarized as power law variation in Evolutionary [...]
@nntaleb- nntaleb: Avoid hiring an "A" student unless the job description is to score on exams. (#FatTony Heuristic, #Antifragile trial and error.)
- nntaleb: Journalists feel contempt for those who fear them and a deep resentment for those who don't.
- nntaleb: RT @philosophytweet: Goldman Sachs Links Bonuses to Protecting Firm Reputation @nntaleb bag man whistleblower policy funded by Tax payers? …
- nntaleb: @TweetClayton Had you read the writer more carefully you would have understood that these need to have cumulative LARGE consequences.
- nntaleb: @CaioPraes Bachelier, my friend, was a trader who studied at night. An options trader.
- nntaleb: Georges Moustaki 1934-2013, a moment of silence for the true Mediterranean.