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Journalists understanding of risk is so backwards that they would put the securi…

Saturday, October 15, 2011

Journalists understanding of risk is so backwards that they would put the security checks after the plane ride.

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My Soapbox Advice to the OWS Movement and then some « blog maverick

Friday, October 14, 2011

Shared by JohnH

This is from entrepreneur Mark Cuban, weighing in on the OWS movement!
You see, in the real business world there is always a trade off between risk, reward and the law of unintended consequences. If we have learned anything from the …

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The Problem is Beyond Psychology: The Real World is More Random than Regression Analyses by Nassim Taleb, Daniel Goldstein :: SSRN

Wednesday, October 12, 2011

The Problem is Beyond Psychology: The Real World is More Random than Regression Analyses

Nassim Nicholas Taleb NYU-PolyDaniel G. Goldstein London Business School

International Journal of Forecasting, Forthcoming

Abstract:
    

Where t…

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The Third Law of Social Science: if you hear an idea that makes sense to you att…

Tuesday, October 11, 2011

The Third Law of Social Science: if you hear an idea that makes sense to you attributed to an economist, it had to be stolen from a philosopher. (example: “creative destruction”, not Schumpeter but Nietzsche, etc.)

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The Second Law of Social Science: the less relevant, applicable, or interesting…

Tuesday, October 11, 2011

The Second Law of Social Science: the less relevant, applicable, or interesting the point, the larger the number of publications around it.

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The First Law of Social Science: the longer someone's list of contributions, the…

Tuesday, October 11, 2011

The First Law of Social Science: the longer someone’s list of contributions, the less he will be remembered.

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We have 6 billion on the planet blind to the obvious, or, what's vastly worse, h…

Monday, October 10, 2011

We have 6 billion on the planet blind to the obvious, or, what’s vastly worse, half-blind, which is why we continue to need prophets to move the half-discovered into the category of the obvious. (Added a comment about Steve Jobs to my chapter on how no…

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In bed with the flu, second time in 2 decades, and enjoying FB which explains wh…

Sunday, October 9, 2011

In bed with the flu, second time in 2 decades, and enjoying FB which explains why I can answer any question on Antifragility for entertainment.

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Friends, finally able to explain fragility, etc. (includes sensitivity to Black…

Sunday, October 9, 2011

Friends, finally able to explain fragility, etc. (includes sensitivity to Black Swans) with a simple graph: www.fooledbyrandomness.com/chapter4.pdf Please let me know if this works with you. http://www.fooledbyrandomness.com/chapter4.pdfwww.fooledbyran…

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A big historical quandary: the town of Emesa (today Homs in the Northern Levant)…

Sunday, October 9, 2011

A big historical quandary: the town of Emesa (today Homs in the Northern Levant), where Steve Jobs has his ancestry generated at least 4 Roman Emperors (Elagabalus, Caracalla’s (his mother mother Julia Domna), Geta, Severus Alexander), Catholic popes …

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