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Perfect timing given the current financial crisis which was triggered in part by an over reliance on (inaccurate) statistical models.
by wynand 18y ago
Perfect timing given the current financial crisis which was triggered in part by an over reliance on (inaccurate) statistical models.
- albertcardona 18y agoTalk about being at the right place at the right time. Taleb may have even timed the release of this new essay.
- blakeweb 18y agoI'm pretty sure the timing is planned rather than coincidental. He mentions the "busts" of both Bear and Lehman in the notes on figure 2. Or maybe I'm misunderstanding you and you mean the timing of his release of 'black swan'. If so, I still have to say that from what I can tell, Taleb has been espousing these same ideas for several years, so it's still not just coincidence that his ideas are getting a wider audience at the same time that the meltdown he warned about is taking place.