Wednesday, August 31, 2011
No cheese no desert and no manmade cuisine on the planet will be able to surpass in taste the simplest food we get after an episode of hunger; and no liquid will ever improve on the taste of water after a prolonged period of thirst. [Chapter 1]
Modernism: The nation-state, top-down invasive governments (indeed this is recent), metastatic bureaucracies, compounded iatrogenics, social-science & social engineering (Man playing God), media power, the NYT (yach!), the ludic fallacy, nerd andtl…
This “hurricane” was all marketing.
Thursday, August 25, 2011
Le texte intégral (en Français). Les commentaires sont bienvenus. Merci a tous!www.fooledbyrandomness.com/Procruste.pdf
Wednesday, August 24, 2011
Shared by JohnH
NNT mentions Bent Flyvbjerg as a colleague in a recent sample chapter from his new book.
Avoiding Black Swans Any company that is contemplating a large technology project should take a stress test designed to assess its readiness. L…
Wednesday, August 24, 2011
When the exact same crime is committed twice, only the victim is blameful.
Saturday, August 20, 2011
BBC Newsnight Friday 19th Aug 2011 Audio only NNT interview starts at 4:57
Saturday, August 20, 2011
“Black-swan funds run by Universa Investments LP and Pacific Investment Management Co., designed to protect against financial cataclysms, paid off this month as stocks took their steepest dive in almost three years,” Bloomberg reports.
A so-called bl…
Thursday, August 18, 2011
Lecturing Birds on How to Fly:http://fooledbyrandomness.com/birds.pdfhttp://fooledbyrandomness.com/birds.pdffooledbyrandomness.com
Qu’est ce que ça donne en français?http://www.fooledbyrandomness.com/Aphorismes.pdfhttp://www.fooledbyrandomness.com/Aphorismes.pdfwww.fooledbyrandomness.com
Many people went into July 22 thinking they had a "conservative" or "moderate risk" portfolio. After 12.5% (or higher) losses, many of those same individuals now realize they had high risk portfolios all along. The problem is, n…
Help, friends. How do we translate nerd into French? “pollard” seems archaic, “bachotteur” and “livresque” inadequate. (I am translating the aphorisms of The Bed of Procrustes). Mille mercis.
Wednesday, August 10, 2011
Only he who is free with his time will be free with his opinion.
Shared by JohnH
From NNT’s home page. Certainly hope all is well, health-wise. I would imagine he’s inundated with requests from the media to speak about the meltdown etc. I do see some speaking engagements coming up in September, http://www.fooledb…
Life has to be an acquired taste; people lose their heroism and get more and more scared of death as they age.
John Nyaradi: In your book, you discuss risk management; you talk about “fat tails” and people like Friedrich Gauss and Augustin Cauchy. What do “fat tails” mean to us in this new world?
Peter Tanous: Jeff and I have done a lot of interviews si…
Wednesday, August 3, 2011
The Souk and the Office Buildingwww.fooledbyrandomness.com/souk.pdf
@nntaleb