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To be fair, that's pretty true of Taleb himself.
by disgruntledphd2 5y ago
To be fair, that's pretty true of Taleb himself.
- kqr 5y agoSure it is. But, and this is a subtle point, he does not go around telling people specifically how they ought to invest, or how they ought to insure against tail risk. He tells people how he invests, and some theoretical consequences of tail risk depending on input parameters. It's a small difference, but, from what I understand, a meaningful one to Taleb.