nntaleb: My idea is to be aggressive risk-taker in the 3 quadrants & extremely prudent in the 4th; establishment does reverse http://TwitPWR.com/LoJ/
[Links to Errors, Robustness, and the Fourth Quadrant ]
nntaleb: Note 131 http://TwitPWR.com/Lb9/
[Links to NNT’s notebook: http://fooledbyrandomness.com/notebook.htm]
[youtube=http://www.youtube.com/watch?v=oee4KVDy9Fs]
… As an empricist, I don’t have to understand the logic behind a system, I just take it as it is
because I’m not smart enough to understand it. I call it the opacity.
From IMD, “International Institute for Management Development,”
Original Source, PBS Newshour (includes full transcript) HatTip to Dave Lull
Love the ‘Fat Tails’ info graphic. (Note, for some reason sometimes the embed
doesn’t show, if you don’t see a video window on this post, try refreshing the
page. Otherwise, watch it at the original source link above.)
Nouriel Roubini also has a new book you might want to check out.
[youtube=http://www.youtube.com/watch?v=yPZzYpWM2Mc]
CNN Fareed Zakaria GPS