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Eric Falkenstein's various Taleb takedowns are fun. http://falkenblog.blogspot.com/2009/03/fama-on-taleb.html http://falkenblog.blogspot.com/2009/03/fama-on-ta

• derivagral 13y ago
  Your first link is an excerpt from [1]. I'm not sure its much of a takedown either? I found the second and fourth links very interesting, thanks for the other perspective. [1] http://www.dimensional.com/famafrench/2009/03/qa-confidence-in-the-bell-curve.html#more http://www.dimensional.com/famafrench/2009/03/qa-confidence-...
• brohee 13y ago
  Is it telling that in his review of Black Swann he's seriously citing Malcolm Gadwell of all people?
  • a8da6b0c91d 13y ago
    Your reading comprehension is questionable if you consider that a citation.
  • tptacek 13y ago
    No. He draws no conclusions from Gladwell's analysis; he brings Gladwell into the discussion only to show a well-publicized comparison between what Gladwell believed to be two opposing views of how risk works in the markets. He then tries to demonstrate that Niederhoffer's approach outperformed Taleb's, not because Gladwell said so, but because the empirically available facts of how the funds operated appear to demonstrate it. Gladwell plays into the comparison about as much as the editors of Cosmopolitan would play into it if Niederhoffer and Taleb had shared the cover of an issue of Cosmo.