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Taleb is the Deepak Chopra of Economics and Probability. What he says sounds really important, but is mostly a bunch of horseshit.
by ianamartin 9y ago
Taleb is the Deepak Chopra of Economics and Probability. What he says sounds really important, but is mostly a bunch of horseshit.
- wpietri 9y agoThe guy spent years as a trader. I spent a few years working for traders. I think his analysis of the sociology and psychology of trading was spot on. That's the main content of this book, so I'm still comfortable recommending it even if he doesn't meet your standards elsewhere.
- ianamartin 9y agoI think he's pretty much the definition of survivorship bias. And that he deeply misunderstands statistics in the same way that Malcolm Gladwell does.