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At any given moment there are "plenty" of people who think the sky is falling. How do you account for survivor bias.
by zurn 13y ago
At any given moment there are "plenty" of people who think the sky is falling. How do you account for survivor bias.
- omonra 13y agoYou know, in billiards (pool) you have to actually point to the hole in which you plan to sink the bal. So that if the ball ends up in some hole (but not the one you anticipated), you don't get credit for it. Same here - if you read the piece (http://quixoticfinance.com/tag/nassim-taleb/ http://quixoticfinance.com/tag/nassim-taleb/) it exlains in detail how Taleb's claim to predicting the crisis is 100% off the mark (and the said thing is that he knows it, which makes him a poseur).