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> one can macroBS longer than microBS, which is why we need to be careful on who to endow with centralized macro decisions. Taleb goes overboard sometimes, but
by georgeecollins 9y ago
> one can macroBS longer than microBS, which is why we need to be careful on who to endow with centralized macro decisions.
Taleb goes overboard sometimes, but he has been so great for calling BS on finance pseudo-science.
- davidw 9y agoI guess when you call everything 'BS', you're bound to be right some of the time.
- georgeecollins 9y agoI don't want to defend everything Nassim Taleb says because I don't agree with it. But its facile and wrong to say that he calls everything BS. And his earlier books were very much a clear attack on a poor use of statistics in finance. Antifragile is the work of a crank. Fooled by Randomness is just good.