Tail Risk Measurement Heuristics by Nassim Nicholas Taleb
One Bank Flagship Seminar
Published on Jan 17, 2017
Tag Archives: One Bank
One Bank, The Clinton System, Erudition, Minority Rule, SITG | Facebook
My Bank of England Seminar will be webcast.
http://www.bankofengland.co.uk/resea…/…/seminars/180216.aspx
PDF of slides (temporary)
https://dl.dropboxusercontent.com/u/5…/BoE2016.pptx-show.pdf
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Hillary Monsanto-Malmaison and husband (sort of) Bill Clinton represent the reverse skin of the game, that is the worst of the worst of unethical politics. It consists in the use of public office to subsequently get legally rich. Gaming the system is legal but not ethical.
You don’t become a Jesuit priest because it is good on your CV, and because those who leave the orders get great positions in the lay sector. Likewise a political position is not a stepping stone for enrichment.
Interestingly, electors worldwide are getting the point (with the reverse TonyBlairing of UK politics). But not the journos and people who work within the system.
http://www.nybooks.com/…/clinton-system-donor-machine-2016…/
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The Clinton System
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The Clinton System
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The Clinton System
Additional reason I am more impressed by erudition than what is commonly called “intelligence” or skills, or something of the sort. To have erudition requires *not* reading the newspapers.
This is a *via negativa* statement.
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It hit me from the origin of the term halal that morality has minority dynamics. Added to the minority rule.
We don’t know what we are tawking about when we tawk about risk.
Adding to:
http://www.fooledbyrandomness.com/SITG.html
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HOW TO ANSWER TECHNICAL QUESTIONS WHEN YOU ARE CLUELESS
Humphrey Bogard and his friend infiltrated a Nazi cell in New York, impersonating two Nazi engineers. They had to bluff their way by answering questions when they really didn’t know anything about the subject matter.
It can also work as a hoax: just give a speech that says nothing but looks technical.