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Tag Archives: ZeroHedge

Smear Artists, Cauchy, SALT, Zipf Plot, Long Shot Bias, Random Matrices, Diderot, ZeroHedge

@nntaleb Las Vegas: Explained fragility as concavity: Mix a $2,000 bottle of wine with a $10 one. The 2 bottles will be worth less than $1,005 each. Permalink 8:31 PM – 12 May 2016 @nntaleb Explained more technically why investors can’t get the alpha of the market https://dl.dropboxusercontent.com/u/50282823/ppArXiv2.pdf   and on BBG TVhttps://twitter.com/nntaleb/status/730836349004091392   Permalink […]

Nassim Taleb Is Angry That Not Even John Gotti Got Paid As Much As JPM’s Ina Drew | ZeroHedge

ZeroHedge weighs in. Taleb also touches on something we have been arguing for since 2009, namely that if banks are to expect bail outs whenever they blow up, they should be treated as utilities, with full caps on comp, net income, and earnings. To wit: “Banks are utilities. I don’t understand why we’ve been bailing […]