(Borrowing this post from another blog I collect my favorites into. Danny is just such a big part of the picture when it comes to the paradigm shift implied in NNT’s philosophy, plus, they’re good friends!) … the bat costs $1 more than the ball. How much does the ball cost? Daniel Kahneman KNOWS that [...]
@nntaleb- nntaleb: @pjfny @GTCost I don't agree. I do not see why Mr Gurdgiev is comparing a Whelan to a doctor not to a fortune teller. It is all there.
- nntaleb: RT @mrthrowerty: “@nntaleb: My nightmare: This [EDITED] got the Black Swan idea backwards http://t.co/HIA2lJI26m …” I like to think "edited…
- nntaleb: An Actuary got the point: The Philosophy of The Unknown http://t.co/JJQScpehKI via @MindBenighted
- nntaleb: @ektrit @finansakrobat Yes, unlike portfolio managers, they have mega-skin in the game.
- nntaleb: . @ModeledBehavior I do not have to prove that every astrologist is wrong if I proved/established that astrology is BS. Kapish?
- nntaleb: to: @mjasay Wall Street had more data than anyone (then 500 million correlations). And failed to see the crisis. That's one sufficient point