Taleb's Black Swans

[grantx]

Despite my - and others' - criticism of the Elite Trader site, this is an excellent thread.

The best summary, by the poster Equalizer is:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=96618&perpage=6&pagenumber=5

The originator is here:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=96618&perpage=6&pagenumber=1

Re his book signing - talk about celebrity. Is he an icon for US gay quants or what? Shirley Bassey/Nassim Taleb. What's a girl to do?

Fcku. This is worse than Disney.

Grant.

 

[A Dashing Blade]

Arguably the most important financial book to come out since 1989 imo.

 

[nine]

If you have read this far you really should read Equalizer's post. It is a classic.


http://www.elitetrader.com/vb/showthread.php?s=&postid=1499204#post1499204

 

[IsraeliSpeculator]

The most important thing to get out of Taleb's book is to make sure you don't confuse luck with skills IMO

 

[grantx]

DB,

Never would I question your wisdom. However, isn’t the general tenet of a ‘Black swan’ the weakness of inductive logic with (Taleb’s?) reference to J S Mill and Karl Popper? Mavericks to a man.

Non-philosophy as a philosophical/intellectual basis lacks resonance, as far as I’m concerned.

Kiwi,

I didn’t notice that Equalizer’s post is actually copied from the (Quant) nuclearphynance site. This really is tantamount to heresy; excommunication, a cert.

The link to the site doesn’t work but I would certainly like to know who wrote the piece.

Grant.

 

[nine]

Kiwi,

I didn’t notice that Equalizer’s post is actually copied from the (Quant) nuclearphynance site. This really is tantamount to heresy; excommunication, a cert.

The link to the site doesn’t work but I would certainly like to know who wrote the piece.

Grant.

A few moments of boredom with HSI (don't happen often )

so I chased it down for you

http://www.nuclearphynance.com/Show Post.aspx?PostIDKey=96317


Actually the whole thread is a hoot ... I thought it got a bit naughty over at ET but these guys are good

 

[nine]

I think we could add some new emoticons from that site:

(not all of them though)

.​

 

[grantx]

Kiwi,

Thanks for the link. Excellent stuff.

I am somewhat shocked at the tone of the thread. I've been reading nuclear phynance for some time and would have assumed that they would regard Christ as sitting at the right hand of Taleb. Obviously, he's pssied someone off on the site.

The knowledge on this site is beyond mere mortals (and they know it). However, it is encouraging to know they also have a sense of humour.

Thanks again.

Grant.

 

[Joules MM1]

The most important thing to get out of Taleb's book is to make sure you don't confuse luck with skills IMO

nope, don't tell anyone you read it (ever)