Skip to content

Monthly Archives: January 2015

In summary, modernity replaced process by…

In summary, modernity replaced process by result and the relational by the transactional. — Relational vs transactional: when you buy goat cheese from your grocer, you have a relationship, not just a transaction, with some kind of bilateral committment, loyalty, friendship. —- Process vs result: in virtue ethics, what makes you a hero is how […]

Discussion in SILENT RISK

Discussion in SILENT RISK about the properties of currency devaluations (refining some points in Dynamic Heding), and why this is as much a sucker trap today as it used to be years ago, if not more. via Timeline Photos – Nassim Nicholas Taleb | Facebook.

Friends, I made a mistake in the designation “skin in the game”…

Friends, I made a mistake in the designation “skin in the game”; it is ambiguous and is often mistaken for incentives. “Neck on the line” is more adequate, though ominous. But, even better and more ludic, “neck in the game”. How does “Neck in the game” sound? Explicit enough without being ominous? I am considering […]

Friends, anyone in Delhi on Jan 18 for coffee?

Friends, anyone in Delhi on Jan 18 for coffee? Otherwise Jaipur after Jan 21. —- http://economictimes.indiatimes.com/…/articles…/45846455.cms PM Narendra Modi, top thinkers and industrialists to mull India’s future at ET Summit on Jan… ET, India’s biggest business newspaper with its signature indepth political reportage and analysis, is… economictimes.indiatimes.com via Friends, anyone in Delhi on Jan 18 […]

Can You Solve This?

Just because it was inspired by ‘The Black Swan’. It’s encouraging to me to see NNT’s ideas spreading.